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Capital & Financial Markets 8 Nov 2026

Obeikan Glass posts 91% rise in third-quarter net profit

Saudi glass maker Obeikan Glass reported preliminary third-quarter 2026 net profit attributable to shareholders of SAR 19.5m, up 91% from SAR 10.3m a year earlier, on revenue up 26% to SAR 117.1m. Nine-month net profit rose 56% to SAR 45m, with earnings per share of SAR 1.42 against SAR 0.91 a year earlier.

Why this mattersNet profit rising 91% against a 27% gain in operating profit shows much of Obeikan Glass's quarterly improvement came from below the operating line.

  • Q3 2026 net profit attributable to shareholders rose 91% to SAR 19.5m from SAR 10.3m
  • Q3 2026 revenue rose 26.4% to SAR 117.1m from SAR 92.7m
  • Q3 2026 operating profit rose 27% to SAR 12m from SAR 9.8m
  • Nine-month net profit to 30 September 2026 rose 56% to SAR 45m from SAR 29m
  • Nine-month earnings per share rose to SAR 1.42 from SAR 0.91
Al Obeikan Glass
Sources maaal.com finanzen.ch DE
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-11 · Edited before publication: Neither source calls Obeikan Glass a packaging or container glass maker, so that description has been removed. I added the revenue figure from the second source.