الخسائر المتراكمة للشركات المدرجة بالسوق السعودي ترتفع 22%.. و "بترو رابغ" وإعمار تتصدران القائمة!
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00:00 The quarter-final results of this year have shown that many companies in the Saudi market
00:05 have been motivated to increase their revenues and profits.
00:08 But this does not mean that all companies have achieved this feat.
00:11 There are companies that have suffered losses, and there are companies that continue to achieve
00:16 losses, and we have accumulated losses in the quarter-final for many companies.
00:21 We are achieving this in this exhibition, and these are particularly the companies that
00:25 are in the financial market.
00:27 The accumulated losses amount to 8% of the total number of companies in the market.
00:33 In the second quarter, we are talking about 18 companies that have suffered losses.
00:38 The total number of accumulated losses in the second quarter of this year reached 10.9 billion
00:47 Riyals, compared to 8.9 billion Riyals achieved in 2022, which is an increase of 22%.
00:58 The companies that suffered the accumulated losses in the previous quarter, and have not
01:01 yet announced the results of the second quarter, are the agricultural companies, the fish companies,
01:06 and the marine companies.
01:08 The companies that have suffered losses are usually in a financial situation, and therefore
01:13 the delay in announcing the financial results is the reason for the re-revision of their
01:18 financial nature.
01:20 We are talking about the most companies that have increased their losses in the second
01:25 quarter.
01:26 In terms of the economic city, the losses to capital amounted to 42%, and reached 4.75 billion
01:35 Riyals.
01:36 The losses to oil amounted to 23%, and reached 3.9 billion Riyals.
01:43 The losses to insurance amounted to 34%, and reached 358 million Riyals.
01:49 The losses to the sub-code amounted to 23%, and the losses to the Gulf of Arabia amounted
01:54 to 50% of the total capital.
01:56 Usually, when the capital is in a financial situation, 50% of the capital is lost.
02:00 This is a re-revision of the nature of the company's structure, and it is necessary to
02:03 put it under surveillance.
02:05 We also follow up on the latest updates regarding the increase in the losses to the capital
02:11 of these companies.
02:13 The losses to the capital amounted to 233% of the total capital.
02:18 We are talking about 233 million Riyals.
02:20 The losses to the Gulf of Arabia amounted to 50%.
02:22 The losses to the United States of America amounted to 49%.
02:24 The losses to Salama amounted to 47%.
02:26 The losses to Amana amounted to 45%.
02:28 Most insurance companies usually go through this difficulty, and it is always requested
02:32 that the companies raise the capital to reduce the losses.
02:36 This is one of the strategies, and usually requires the central bank's approval in Saudi
02:42 Arabia, before the announcement of the existence of an organization for the insurance market
02:47 there.
02:48 The Saudi companies are the highest in terms of the losses to the capital in the second
02:53 quarter.
02:54 We also add to these companies, as we mentioned, there are companies that planned the 200%
02:58 of the total capital.
02:59 But what are the reasons that led to the losses to Petrorabic specifically?
03:03 The losses to it are not the profitability of the products, the maintenance of the factories
03:07 which stops the production lines, and the sharp increase in the interest rates, especially
03:11 those that affected the savings of loans and the cost of financing.
03:16 As for Li Tuhama, we are talking about the company's ability to get approval to reduce
03:23 the accumulated losses by raising the capital.
03:26 The amount of the increase in capital is 350 million Riyals, and it is also a way to
03:31 reduce the losses after that.
03:33 As for the company Thimar, for the development of the contract, which the losses were planned
03:38 in, of course, the description is about 200%.
03:40 A number of members of the previous board were dismissed, and there was a demand to increase
03:45 230 million Riyals, and this is what affected the losses of the accumulated company.
03:50 So these were the overall business that the companies that still owe us losses have
03:55 and there is a receipt from the companies that have not been announced yet about the
03:58 results of the second quarter.