Obeikan Glass Q2 Profit Falls 4% to SAR 10.8 Million

Obeikan Glass reported a 4% year-on-year decline in net profit to SAR 10.8 million for the second quarter of 2025, down from SAR 11.3 million in the same quarter last year, the company said in a statement following the release of its financial results for the period ending June 30, 2025.

Operating profit dropped 6.3% to SAR 13.31 million, compared to SAR 14.21 million a year earlier.

For the first half of 2025, the company recorded a net profit of SAR 15.6 million, compared to a loss of SAR 24.5 million in the same period of the previous year.

Earnings per share stood at SAR 0.59 in the second quarter, down from SAR 0.72 a year earlier.