ASG 2025 profits up 2% to SAR 32.9M; H2 at SAR 16.4M

ASG Plastic Factory Co. reported net profit growth of 2% to SAR 32.9 million in 2025, compared to SAR 32.2 million a year earlier.

The company attributed the improved profits to higher revenues from the start of new production lines under its second factory expansion project covering 61,350 m². This is in addition to upgrades to existing lines, boosting production capacity and supporting growing market demand.

Net profit in the packaging sector rose 19% year-on-year (YoY) to SAR 26.5 million in 2025, supported by higher sales volumes and stable operating margins, and EBITDA grew 14% YoY to SAR 46.4 million, achieving a 26% EBITDA margin.

This came despite higher depreciation and operating expenses from new production lines; non-recurring increases in selling, marketing, and shipping costs due to intensive market strategies; and higher administrative expenses from workforce expansion supporting the company’s sustainable growth strategy.

In H2 2025, net profit rose 20.8% to SAR 16.40 million from SAR 13.58 million a year earlier.

Sequentially, the company’s bottom line declined 0.8% from SAR 16.53 million in H1 2025.

Additional Information:

Shareholders’ equity (excluding minority interest) amounted to SAR 155.36 million at the end of 2025, compared to SAR 131.05 million at the end of the corresponding period of the previous year.

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