The National Company for Glass Industries "Zoujaj" announces its Interim Financial results For the Three and Six-Month Periods Ended 30 June 2026

The National Company for Glass Industries (Zoujaj) reported a significant 73.49% year-over-year increase in net profit for the first half of 2026, totaling SAR 66.1 million, while quarterly net profit rose 67% to SAR 33.4 million compared to the same period last year.
Total revenue for the six-month period grew 9.95% to SAR 71.8 million, driven primarily by an increase in export sales, though quarterly revenue saw a 9.5% sequential decline due to lower production volumes in the second quarter.
The surge in net profit was largely attributed to a higher share of profits from associate companies, specifically Guardian Ras Al Khaimah, which saw operations return to normal following a maintenance-related shutdown between February and April 2025.
Despite the strong bottom-line growth, the company recorded an operational loss of SAR 2.1 million for the quarter, highlighting that net earnings were heavily supported by non-operational associate contributions rather than direct glass production margins.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	34.1	31.1	9.646	37.7	-9.549
Gross Profit (Loss)	5.3	5	5.999	8.2	-35.365
Operational Profit (Loss)	-2.1	0.7	-	1.9	-
Net Profit (Loss) Attributable to Shareholders of the Issuer	33.4	20	67	32.7	2.14
Total Comprehensive Income Attributable to Shareholders of the Issuer	33.4	20	67	32.7	2.14
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	71.8	65.3	9.954
Gross Profit (Loss)	13.5	12.3	9.756
Operational Profit (Loss)	-0.2	3.6	-
Net Profit (Loss) Attributable to Shareholders of the Issuer	66.1	38.1	73.49
Total Comprehensive Income Attributable to Shareholders of the Issuer	66.1	38.1	73.49
Total Shareholders Equity (after Deducting Minority Equity)	863	792.4	8.909
Profit (Loss) per Share	2.01	1.16
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Revenues increased as a result of the rise in export sales.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit increased due to a rise in the share of profits from associate companies—particularly Guardian Ras Al Khaimah whose operations returned to normal levels following a maintenance-related shutdown between Feb to April 2025
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Revenues declined due to a decrease in production volume during the second quarter of 2026.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	"Net profit increased slightly due to the rise in the share of profits from associates.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Sales revenue increased from export sales growth.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net Profit increased due to rise in the share of profits from associated companies - particularly Guardian Ras Al Khaimah whose operations returned to normal levels following a maintenance related shutdown between Feb 2025 to April 2025.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	No
Reclassification of Comparison Items	No
Additional Information	International Financial Reporting Standard 18 (IFRS 18), which comes into effect on 01/01/2027, has not been applied.