Rawasi Albina unable to publish financial results; trading suspension continues

Logo of Rawasi Albina Investment Co.

Rawasi Albina Investment Co. announced that it has so far been unable to publish its preliminary financial results for the period ended June 30, 2026, as the final review of its financial statements is still underway in coordination with the external auditor and relevant parties.

In a statement to Tadawul, the company said trading in its shares on the Saudi Exchange (Tadawul) remains suspended until it announces its financial results and fulfills the relevant requirements in accordance with the Listing Rules.

The company attributed the continued delay in publishing its financial results to the need for additional time to complete financial reconciliations and settlements for certain accounts and projects, and obtain the required confirmations and documents from external parties. This is intended to ensure the accuracy and completeness of the financial statements and related disclosures.

The delay comes amid the ongoing implementation of the company's financial restructuring plan, which includes rescheduling certain obligations and debts, diversifying income and financing sources, and improving cash flow management.

Rawasi said it will publish its financial results once the review is completed and the financial statements are approved.

The company reaffirmed its commitment to disclosing any material developments related to the matter without delay. It will also continue to announce monthly updates in line with the applicable regulations.

According to Argaam data, Tadawul suspended trading in the company's shares for one session in September due to its failure to announce its financial statements for the period ended June 30, 2026, within the statutory deadline. Trading was suspended again effective Oct. 4, 2026, until the company announces its financial statements.