Saudi Paper Manufacturing Company lifts Q3 net profit 39.78%
Saudi Paper Manufacturing Company reported third-quarter 2026 net profit of SAR 20.24 million, up 39.78% year on year from SAR 14.48 million. The company cited revenue growth, a SAR 9.8 million rise in gross profit and additional output from its fifth production line, plus higher associate income.
Why this mattersOutput from a fifth production line is lifting volumes and earnings at the Saudi paper producer, although profit fell 59.8% from the second quarter.
- Q3 2026 net profit SAR 20.24 million, up 39.78% year on year from SAR 14.48 million
- Revenue reached SAR 247.27 million, up 30.8% year on year
- Gross profit rose SAR 9.8 million on higher sales and fifth production line output
- Net profit fell 59.8% quarter on quarter versus Q2 2026
- Excluding a SAR 6.2 million non-recurring gain a year earlier, continuing operations net profit rose 143.3%
Sources
jarayid.com