News

Saudi Advanced Industries Company (SAIC) announced its financial results for the first nine months of 2026, reporting a return to profitability and an improvement in earnings per share compared with the corresponding period of the previous year. This positive performance was achieved despite the challenges faced by some of the Company’s investments as a result of sharp declines in equity markets during the period and the impact of geopolitical developments in the region. The results were supported by improved valuations of certain investments and an increase in the Company’s share of profits from associates, alongside lower general and administrative expenses, reflecting the Company’s operational efficiency.

The Company stated that its new investment strategy combines income-generating investments with opportunities targeting long-term capital appreciation, helping the Company grow earnings per share over time and strengthen and increase cash flows. SAIC’s investment portfolio has expanded further compared with previous years, with the addition of new investments in the transportation, hospitality and food production sectors, as well as certain private investment funds. Among these new investments are Diyar Al-Furas Investment Company, Boudl Hotels and Resorts Company, and Anoosh Company, complementing the Company’s existing investments in the industrial and financial sectors and in listed equities.

The Company explained that this expansion forms part of its efforts to enhance investment diversification and improve risk management by reducing concentrations in particular investments or sectors and broadening its asset base across different sectors. It also aims to reduce the exposure of the Company’s investments to economic cycles affecting certain sectors and diversify sources of income and returns. These efforts help mitigate the effects of market volatility and downturns while building a more resilient investment portfolio capable of navigating different business cycles and variations in sector performance.

The Company’s current investment strategy aims to grow its investment portfolio and enhance its long-term performance through diversification and a disciplined approach to selecting promising opportunities aligned with its strategic direction. The Company will continue to explore investment opportunities that align with its strategic priorities and support economic development in Saudi Arabia. These opportunities will be assessed using an approach that balances risk and return, taking market conditions and asset quality into account, with the aim of creating sustainable value for shareholders.