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Alujain Swings to H1 Profit; Revenue Climbs

MT Newswires·08/02/2026 02:14:49
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02:14 AM EDT, 08/02/2026 (MT Newswires) -- Alujain (SASE:2170) on Sunday said it swung to a profit for the first half, while revenue expanded year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 104.1 million Saudi riyals, compared with the attributable loss of 4.8 million riyals earlier. EPS moved to 1.5 riyals from loss per share of 0.07 riyal. The Saudi Arabia-listed industrial investment company's revenue was 872.2 million riyals, compared with 550.8 million riyals a year ago.