Riyadh – Mubasher: Zahrat Al Waha for Trading Company announced a financial turnaround for the first half (H1) of 2026, posting a net profit of SAR 30.56 million when compared to a net loss of SAR 7.88 million in H1-25.
The company’s revenue for the six-month period rose by 20.31% to SAR 309.80 million, driven by higher sales volumes in the printing and packaging sectors alongside increased selling prices for plastic preforms and caps.
For the second quarter (Q2) ending on 30 June 2026, net profit surged to SAR 21.86 million, a sharp increase from the SAR 399,998 recorded in the prior-year quarter.
Quarterly sales grew by 37.55% to SAR 180.96 million. Management attributed the improved profitability to sales growth outpacing the rise in production costs, a 12.35% reduction in distribution expenses, and lower finance costs which fell by 6.53%.
Additional gains were supported by a SAR 3.36 million Zakat refund and SAR 1.52 million in recovered customs duties. Operating profit for the half-year period climbed to SAR 39.19M, up from SAR 0.87 million a year earlier.
Earnings per share (EPS) hit SAR 0.136 for the period, compared to a loss per share of SAR 0.035 a year earlier. Total shareholders' equity increased by 14.75% to SAR 321.23 million.
