“Zajjaj” profits decreased by 13.5% to 21.7 million riyals in the third quarter
The profits of the Glass Industries Company decreased "glass" In the third quarter of 2025, by 13.5% to 21.7 million riyals, compared to 25.1 million riyals in the same quarter of last year.
According to the company’s statement on the website "Saudi Arabia trading"The reason for the decrease in net profit during the current quarter compared to the same quarter of the previous year is due to: a decrease in operational results.
The reason for the increase in net profit during the current quarter compared to the previous quarter is due to: an increase in the company’s share of the profits of associate companies in the flat glass sector.
According to the statement, the reason for the decrease in net profit during the current period compared to the similar period of the previous year is due to: a decrease in operating profits in the glass containers sector as well as a decrease in the share of profits from associates in the flat glass sector due to the cessation of maintenance work. Scheduled for kiln refurbishment at Guardian Glass International Flat Glass LLC – Guardian Ras Al Khaimah from February 2025 to early May 2025.
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