Saipa's Half-Year Gross Loss Deepens as Sales Revenue Declines

Saipa, trading as SIPA, filed its income statement for the six months ended September 22, 2026, on Codal on the evening of Thursday, October 22. In the standalone company statement, all amounts in million rials, operating revenue was 364,877,646, down from 490,556,472 in the restated comparable six months of the prior year. Gross loss widened from 10,569,991 to 234,669,516 million rials; current-period cost of sales of 599,547,162 million rials exceeded operating revenue. Net loss on the same standalone basis was 337,960,562 million rials, against 67,804,958 million rials in the restated comparison. The statements are unaudited; Codal tracing number 1607150.