On 2026-07-28 16:23:25 (Saudi Time), Al Taiseer Group Talco Industrial Co. announced its Interim financial results for the six months ended on June 30, 2026.

Year-on-Year Performance Drivers

For the six-month period ending June 30, 2026, sales/revenue increased 19.411% YoY to SAR 453.32 million from SAR 379.63 million, driven by higher sales volumes in the main aluminum sector and accessories sector, along with increased selling prices across the aluminum, paint powder, and accessories sectors. Net profit attributable to shareholders rose 18.726% YoY to SAR 51.10 million from SAR 43.04 million, supported by the growth in sales, an increase in other revenues, and a decrease in financing costs, partially offset by higher cost of sales, increased selling and distribution expenses, higher general and administrative expenses, greater receivables losses, and increased zakat expenses.

Quarter-on-Quarter Performance Drivers

QoQ revenue rose 12.976% to SAR 240.47 million (vs. SAR 212.85 million in the prior quarter), driven by higher sales volumes in the core aluminum and accessories sectors, along with increased selling prices across aluminum, paint powder, and accessories segments. Net profit grew 16.067% to SAR 27.45 million (vs. SAR 23.65 million), supported by the increase in sales value, a decline in receivables losses, and lower zakat expense, partially offset by higher cost of sales, increased selling and general expenses, higher financing costs, and lower other revenues.

Other Items

The external auditor issued an unmodified conclusion for the interim period ending June 30, 2026, with no additional comments, reservations, or other matters noted. Total shareholders' equity (after deducting minority equity) stood at SAR 507.85 million, compared to SAR 485.91 million in the same period of the prior year, representing a 4.515% increase. No accumulated losses were reported. Earnings per share for the current period were SAR 1.28, calculated by dividing net profit of SAR 51.10 million by 40 million shares, compared to SAR 1.08 for the same period of the previous year, based on net profit of SAR 43.04 million divided by 40 million shares. No material risks, going concern uncertainties, or debt covenant breaches were disclosed.

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