Anaam accumulated losses fall to 9% of capital

Logo of Anaam International Holding Group

Anaam International Holding Group said its accumulated losses fell to SAR 29.52 million, or 9% of its capital, as of Sept. 30, 2026.

The reduction was due to a lower Zakat provision following a reassessment of the company's Zakat assessment by the Zakat, Tax and Customs Authority (ZATCA), Anaam said in a statement to Tadawul.

The reassessment covers the period from 1995 to 2011.

According to Argaam data, ZATCA previously approved the company's request to pay outstanding dues totaling SAR 51.31 million in monthly installments over 16 years, subject to the authority's terms and conditions.

Anaam said at the time that the positive financial impact would be reflected in its Q3 2026 results.

The company reported a net profit of SAR 38.09 million for the first nine months of 2026, while its third-quarter net profit stood at SAR 41.12 million.

The auditor's report detailing the company's financial position following the reduction in accumulated losses is attached below.

Auditor's Report