Al-Jijin reviews Q2 2026 results
Lajim Company held a telephone meeting with investors to analyze its financial results for the second quarter of 2026, during which it recorded significant growth in its profits and revenues. The company achieved revenues of 541.8 million Riyals, representing a 71% increase compared to the previous year, with net profit rising to 133.9 million Riyals, an increase of 807%. Profit margins also improved considerably, with gross profit margin reaching 28% and EBITDA margin at 33%. Cost control efforts and increased capital investments contributed to enhanced performance, as the company continues its expansion projects, especially in Yanbu Industrial City, along with distributing dividends of 52 million Riyals for the second quarter. Additionally, it maintained strong cash flows without long-term debt, further supporting its independent expansion capabilities.
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