TALCO profit up 19% at SAR 51.1M in H1 2026; Q2 at SAR 27.5M

Al Taiseer Group Talco Industrial Co. (TALCO) reported a net profit of SAR 51.1 million for the first six months of 2026, up 19% from SAR 43 million in the year-earlier period.

The profit rise was driven by higher sales volumes in its core aluminum and accessories segments, increased selling prices across the aluminum, powder coating and accessories businesses, as well as higher other income and lower finance costs.

The company said the earnings growth came despite higher cost of sales, increased selling and distribution expenses, higher general and administrative expenses, increased expected credit losses on receivables, and higher Zakat expenses.

Q2 2026 net profit also increased YoY, supported by higher sales volumes in the aluminum and aluminum accessories segments, higher selling prices across the aluminum, powder coating and accessories businesses, as well as higher other income and lower finance costs.

This was partially offset by higher cost of sales, increased selling and distribution expenses, higher general and administrative expenses, increased expected credit losses on receivables, and higher Zakat expenses.

On a sequential basis, earnings rose by 2% from the previous quarter, backed by higher sales volumes, increased selling prices across the aluminum, powder coating and accessories segments, lower expected credit losses on receivables, and lower Zakat expenses.

The quarterly improvement came despite higher cost of sales, increased selling and general and administrative expenses, higher finance costs, and lower other income.

Total shareholders’ equity, excluding minority interest, reached SAR 507.85 million by June 30, 2026, compared to SAR 485.91 million in the year-earlier period.

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