ZOUJAJ

National Co. for Glass Industries

2150StocksTadawulMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	128.57M	138.93M	153.92M	112.32M	86.93M
Cost of Revenue	108.28M	105.74M	119.60M	109.52M	83.49M
Gross Profit	20.29M	33.19M	34.32M	2.80M	3.44M
SG&A	24.10M	19.49M	15.82M	13.53M	11.28M
Operating Expenses	21.02M	17.73M	13.19M	13.36M	16.21M
Operating Income	-0.73M	15.45M	21.13M	-10.56M	-12.76M
Interest Expense	-0.95M	-0.82M	-3.30M	-3.28M	-2.40M
Pretax Income	87.12M	99.96M	53.17M	112.87M	57.73M
Income Tax	3.46M	3.13M	5.29M	2.88M	4.17M
Net Income	83.66M	96.83M	47.88M	104.33M	51.11M
EBITDA	30.71M	45.01M	52.39M	22.43M	15.89M
EBIT	-0.73M	15.45M	21.13M	-10.56M	-12.76M
EPS (Basic)	2.54	2.94	1.46	3.17	1.55
EPS (Diluted)	2.54	2.94	1.46	3.17	1.55
DPS	1.25	1.50	1.00	1.00	0.50
Margins & Efficiency
Gross Margin %	+15.8%	+23.9%	+22.3%	+2.5%	+4.0%
EBITDA Margin %	+23.9%	+32.4%	+34.0%	+20.0%	+18.3%
Net Margin %	+65.1%	+69.7%	+31.1%	+92.9%	+58.8%
Revenue & Income
Revenue	128.57M	138.93M	153.92M	112.32M	86.93M
Revenue Growth (YoY)	-7.5%	-9.7%	+37.0%	+29.2%	+18.6%
Earnings From Equity Investments	90.51M	85.51M	36.38M	126.78M	73.24M
Gain (Loss) on Sale of Assets	120.44K	171.76K	7.83K	—	38.53K
Gain (Loss) on Sale of Investments	—	—	-591.58K	—	—
Currency Exchange Gain (Loss)	-363.43K	-359.32K	-302.21K	-74.81K	-32.91K
Expenses & Provisions
Cost of Revenue	108.28M	105.74M	119.60M	109.52M	83.49M
Selling, General & Admin	24.10M	19.49M	15.82M	13.53M	11.28M
Operating Expenses	21.02M	17.73M	13.19M	13.36M	16.21M
Other Operating Expenses	-3.36M	-3.23M	-2.63M	-0.85M	-0.18M
Interest Expense	-0.95M	-0.82M	-3.30M	-3.28M	-2.40M
Asset Writedown	-1.46M	—	-0.17M	—	-1.42M
D&A For EBITDA	31.43M	29.56M	31.26M	32.99M	28.65M
Profitability & Returns
Gross Profit	20.29M	33.19M	34.32M	2.80M	3.44M
Gross Margin	+15.8%	+23.9%	+22.3%	+2.5%	+4.0%
EBIT	-0.73M	15.45M	21.13M	-10.56M	-12.76M
EBIT Margin	-0.6%	+11.1%	+13.7%	-9.4%	-14.7%
EBITDA	30.71M	45.01M	52.39M	22.43M	15.89M
EBITDA Margin	+23.9%	+32.4%	+34.0%	+20.0%	+18.3%
EBT Excluding Unusual Items	88.46M	99.79M	53.92M	112.87M	58.04M
Pretax Income	87.12M	99.96M	53.17M	112.87M	57.73M
Operating Income	-0.73M	15.45M	21.13M	-10.56M	-12.76M
Operating Margin	-0.6%	+11.1%	+13.7%	-9.4%	-14.7%
Profit Margin	+65.1%	+69.7%	+31.1%	+92.9%	+58.8%
Net Income	83.66M	96.83M	47.88M	104.33M	51.11M
Net Income to Common	83.66M	96.83M	47.88M	104.33M	51.11M
Net Income Growth	-13.6%	+102.2%	-54.1%	+104.1%	—
Earnings From Continuing Ops.	83.66M	96.83M	47.88M	109.99M	53.56M
Earnings From Discontinued Ops.	—	—	—	-5.66M	-2.45M
Income Tax Expense	3.46M	3.13M	5.29M	2.88M	4.17M
Effective Tax Rate	+4.0%	+3.1%	+9.9%	+2.5%	+7.2%
Per Share & Capital
EPS (Basic)	2.54	2.94	1.46	3.17	1.55
EPS (Diluted)	2.54	2.94	1.46	3.17	1.55
EPS Growth	-13.6%	+102.2%	-54.1%	+104.1%	—
Dividend Per Share	1.25	1.50	1.00	1.00	0.50
Shares Outstanding (Basic)	32.90M	32.90M	32.90M	32.90M	32.90M
Shares Outstanding (Diluted)	32.90M	32.90M	32.90M	32.90M	32.90M
Dividend Growth	-16.7%	+50.0%	—	+100.0%	—
Free Cash Flow	-35.26M	-22.61M	29.15M	-0.74M	-8.05M
Free Cash Flow Margin	-27.4%	-16.3%	+18.9%	-0.7%	-9.3%
Free Cash Flow Per Share	-1.07	-0.69	0.89	-0.02	-0.25
Payout Ratio	+19.6%	+67.9%	+67.7%	+31.1%	0.0%
Supplemental
Other Unusual Items	—	—	—	—	1.07M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	128.57M	138.93M	153.92M	112.32M	86.93M
Cost of Revenue	108.28M	105.74M	119.60M	109.52M	83.49M
Gross Profit	20.29M	33.19M	34.32M	2.80M	3.44M
SG&A	24.10M	19.49M	15.82M	13.53M	11.28M
Operating Expenses	21.02M	17.73M	13.19M	13.36M	16.21M
Operating Income	-0.73M	15.45M	21.13M	-10.56M	-12.76M
Interest Expense	-0.95M	-0.82M	-3.30M	-3.28M	-2.40M
Pretax Income	87.12M	99.96M	53.17M	112.87M	57.73M
Income Tax	3.46M	3.13M	5.29M	2.88M	4.17M
Net Income	83.66M	96.83M	47.88M	104.33M	51.11M
EBITDA	30.71M	45.01M	52.39M	22.43M	15.89M
EBIT	-0.73M	15.45M	21.13M	-10.56M	-12.76M
EPS (Basic)	2.54	2.94	1.46	3.17	1.55
EPS (Diluted)	2.54	2.94	1.46	3.17	1.55
DPS	1.25	1.50	1.00	1.00	0.50
Margins & Efficiency
Gross Margin %	+15.8%	+23.9%	+22.3%	+2.5%	+4.0%
EBITDA Margin %	+23.9%	+32.4%	+34.0%	+20.0%	+18.3%
Net Margin %	+65.1%	+69.7%	+31.1%	+92.9%	+58.8%
Revenue & Income
Revenue	128.57M	138.93M	153.92M	112.32M	86.93M
Revenue Growth (YoY)	-7.5%	-9.7%	+37.0%	+29.2%	+18.6%
Earnings From Equity Investments	90.51M	85.51M	36.38M	126.78M	73.24M
Gain (Loss) on Sale of Assets	120.44K	171.76K	7.83K	—	38.53K
Gain (Loss) on Sale of Investments	—	—	-591.58K	—	—
Currency Exchange Gain (Loss)	-363.43K	-359.32K	-302.21K	-74.81K	-32.91K
Expenses & Provisions
Cost of Revenue	108.28M	105.74M	119.60M	109.52M	83.49M
Selling, General & Admin	24.10M	19.49M	15.82M	13.53M	11.28M
Operating Expenses	21.02M	17.73M	13.19M	13.36M	16.21M
Other Operating Expenses	-3.36M	-3.23M	-2.63M	-0.85M	-0.18M
Interest Expense	-0.95M	-0.82M	-3.30M	-3.28M	-2.40M
Asset Writedown	-1.46M	—	-0.17M	—	-1.42M
D&A For EBITDA	31.43M	29.56M	31.26M	32.99M	28.65M
Profitability & Returns
Gross Profit	20.29M	33.19M	34.32M	2.80M	3.44M
Gross Margin	+15.8%	+23.9%	+22.3%	+2.5%	+4.0%
EBIT	-0.73M	15.45M	21.13M	-10.56M	-12.76M
EBIT Margin	-0.6%	+11.1%	+13.7%	-9.4%	-14.7%
EBITDA	30.71M	45.01M	52.39M	22.43M	15.89M
EBITDA Margin	+23.9%	+32.4%	+34.0%	+20.0%	+18.3%
EBT Excluding Unusual Items	88.46M	99.79M	53.92M	112.87M	58.04M
Pretax Income	87.12M	99.96M	53.17M	112.87M	57.73M
Operating Income	-0.73M	15.45M	21.13M	-10.56M	-12.76M
Operating Margin	-0.6%	+11.1%	+13.7%	-9.4%	-14.7%
Profit Margin	+65.1%	+69.7%	+31.1%	+92.9%	+58.8%
Net Income	83.66M	96.83M	47.88M	104.33M	51.11M
Net Income to Common	83.66M	96.83M	47.88M	104.33M	51.11M
Net Income Growth	-13.6%	+102.2%	-54.1%	+104.1%	—
Earnings From Continuing Ops.	83.66M	96.83M	47.88M	109.99M	53.56M
Earnings From Discontinued Ops.	—	—	—	-5.66M	-2.45M
Income Tax Expense	3.46M	3.13M	5.29M	2.88M	4.17M
Effective Tax Rate	+4.0%	+3.1%	+9.9%	+2.5%	+7.2%
Per Share & Capital
EPS (Basic)	2.54	2.94	1.46	3.17	1.55
EPS (Diluted)	2.54	2.94	1.46	3.17	1.55
EPS Growth	-13.6%	+102.2%	-54.1%	+104.1%	—
Dividend Per Share	1.25	1.50	1.00	1.00	0.50
Shares Outstanding (Basic)	32.90M	32.90M	32.90M	32.90M	32.90M
Shares Outstanding (Diluted)	32.90M	32.90M	32.90M	32.90M	32.90M
Dividend Growth	-16.7%	+50.0%	—	+100.0%	—
Free Cash Flow	-35.26M	-22.61M	29.15M	-0.74M	-8.05M
Free Cash Flow Margin	-27.4%	-16.3%	+18.9%	-0.7%	-9.3%
Free Cash Flow Per Share	-1.07	-0.69	0.89	-0.02	-0.25
Payout Ratio	+19.6%	+67.9%	+67.7%	+31.1%	0.0%
Supplemental
Other Unusual Items	—	—	—	—	1.07M