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Burg P.L.C. achieved revenues of 5.16 billion AED (1.4 billion USD) during the second quarter of 2026, marking a 20% increase over the first quarter. This growth was supported by improved global polyethylene pricing and supply shortages, along with sustained strong demand for its products. Despite geopolitical challenges and high shipping costs, the company managed to restore full operational readiness after repairing assets affected by an incident in Ruwais that occurred in April. It also ensured continuous supplies by developing alternative logistics routes through land, sea, and rail transportation. Additionally, it recorded an adjusted EBITDA of 1.47 billion AED (401 million USD) and a net profit of 701 million AED (191 million USD), with sales totaling 0.9 million tons. These results benefited from a 53% rise in average selling prices compared to the previous period, reflecting the company's operational resilience and adaptability to changing regional conditions.
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