UCI profits rise to 28.79M Q2
United Cardboard Industries (UCI C) achieved a significant increase in profits during the second quarter of 2026, reaching 28.79 million Riyals, a rise of 257.76% compared to the same period last year. This growth was driven by increased sales volume and higher average selling prices, despite the impact of rising raw material costs. Revenues also grew by 14.66% to 384.09 million Riyals, while profits for the first half of the year jumped by 98.27% to 52.94 million Riyals, supported by continued margin enhancement and improved financial performance.
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