Money and business

“Al -Jazeera Capita” expects “Astra Industrial” to benefit from exceptional profits

Astra Industrial Company, which is listed in the Saudi market, “Tadawul”, succeeded in achieving a net profit of 175 million riyals in the second quarter of 2025, despite the challenges of contraction the performance of the steel and chemical sectors due to the pressures of the global market.

The company recorded a growth of 3.7% in a net profit on an annual basis, at 1.8% on a quarterly basis.

Al -Jazeera Capital expects an exceptional profit of about 40 million Saudi riyals that led to performance support during the quarter, and we expect that the average net profit (without exceptions) will reach approximately 135 million riyals.

Al -Jazeera Capital also expected the growth of the pharmaceutical sector revenues for the same quarter of the previous year; During the second quarter 2025, the performance of the steel and chemical sectors, most of it in the steel sector, may indicate more challenges during the coming period in light of the pressures of economic conditions globally.

The industrial Astra was established in Riyadh in 1988 with the aim of supporting the local industrial sector and enhancing its technical and logistical capabilities.

The company launched a Saudi capital to expand during the past decades in advanced areas that include petrochemicals, construction and industrial services, with a focus on the shift towards clean industries and advanced technology.

Its shares were included in the Saudi financial market (Tadawul) in August 2008, and this was opened in front of her broader prospects for financing their expansion projects and developing its operational structure.

This step reflected the company’s commitment to the principles of transparency and governance, and contributed to enhancing its position among the leading industrial companies in the Kingdom.

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