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Naji's Q2 profit rises to 8.94M Riyals
Naki Water Company achieved net profits of 8.86 million SAR during the second quarter of 2026, recording an 86.3% year-over-year increase and a 42.7% rise quarter-over-quarter. This growth was driven by increased revenues and improved profit margins through cost control in manufacturing. Additionally, the company's sales grew by 18.2% compared to the same period last year, due to expansion in retail sales, growth in the water sector, and egg sales. For the first half of the year, the company's profits reached 15.08 million SAR, compared to 8.40 million SAR in the same period of the previous year—a 79.54% increase. The main reasons for this growth are higher revenues and an improved sales mix, despite increased distribution and marketing expenses resulting from expansion in the retail sector.
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