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FIPCO posted a net profit of SAR 2.8 million in the third quarter of 2026, compared with a loss of SAR 2.8 million in the same period of 2025, despite a 15.15% quarter-on-quarter decline in profit. The company attributed its return to profitability to higher sales and improved profit margins, as well as increased other revenue from government initiatives, despite rising shipping and raw material costs. In the first nine months of the year, the company recorded a profit of SAR 8.7 million, compared with a loss of SAR 17.9 million a year earlier.
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