Zahrat Al Waha earns SAR 30.6M in H1 2026, SAR 21.9M in Q2

Zahrat Al Waha for Trading Co. turned to a net profit of SAR 30.6 million in H1 2026, compared with a net loss of SAR 7.9 million in the year-earlier period.

The company attributed the turnaround to a 20.31% annual increase in its H1 2026 sales, driven by higher sales volumes, particularly in the printing and packaging (shrink and stretch film) segments, as well as stronger selling prices for plastic preforms and plastic caps.

Cost of sales also rose 7.88% YoY during the same period, resulting in a 190.17% increase in gross profit, while selling and distribution expenses declined 13.64% and finance costs fell 11% on annual basis as other income increased. Further, fair value of investments through profit or loss swung to gains from losses a year earlier.

In Q2 2026, net profit skyrocketed to SAR 21.9 million from SAR 400,000 last year, supported by higher selling prices and a 37.55% jump in sales for the three-month period.

On a sequential basis, Q2 profit increased from SAR 8.69 million on the back of a 40.46% rise in sales, while cost of sales grew 27.49%, resulting in a 138.52% leap in the three-month gross profit. The improvement was also driven by robust sales volumes and selling prices.

Total shareholders' equity, no minority interest, reached SAR 321.23 million as of June 30, 2026, up from SAR 279.94 million in the year before.

View More Financial Results