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Al Rashid Industrial Posts Rise in H1 Attributable Net Profit, Revenue

MT Newswires·08/20/2026 01:50:30
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01:50 AM EDT, 08/20/2026 (MT Newswires) -- Al Rashid Industrial Co. (SASE:9580) said Thursday its net profit and revenue grew year over year for the first half. Net profit attributable to shareholders for the six months ended June 30 was 21.8 million Saudi riyals, compared with 21.5 million riyals earlier. EPS moved to 1.81 riyals from 1.79 riyals. The plastic packaging products manufacturer's revenue was 97.4 million riyals, compared with 83.7 million riyals a year ago. Meanwhile, the board declared a dividend of 0.6 riyal per share, payable on Sept. 13 to shareholders of record on Aug. 27. It paid 0.7 riyal per share in the year-ago period.