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Al-Jijin reviews Q2 2026 results via call
Alujain Company announced its financial results for the second quarter of 2026, achieving significant growth in its profits and revenues. The company's revenue reached 541.8 million riyals, compared to 316.2 million riyals in the same period last year. Net profit increased to 133.9 million riyals, representing a growth rate of 807%, alongside improved profit margins and a reduction in operational costs. Additionally, data showed a 43% rise in capital asset value, reaching 1.27 billion riyals, supported by sustained strong cash flows and the absence of long-term debt. Although no details were provided about future expansion plans, these results reflect a strong financial performance and expansion strategies in the petrochemical sector.
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