Alujain Corp Reports Q3 Net Profit of SAR 29 Million
Saudi Alujain posted third-quarter net profit of SAR 29 million on sales of SAR 404.12 million, according to a Reuters report on its results.
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what happened
Alujain Corp reported its third-quarter results, with net profit of SAR 29 million and sales of SAR 404.12 million, Reuters said.
The company said its average selling prices rose 11.2% while sales volume fell. Sales netbacks improved over the period. Cash and cash equivalents climbed to SAR 216.6 million as of September 30, 2026.
Total invested capital, meaning contributed equity, in the new PDH/PP project stood at roughly SAR 1.43 billion at the end of the quarter.
why it matters
For markets, this is a report from a small niche company in the petrochemical segment. Higher prices alongside lower volumes and a bigger cash position matter for judging its current profitability and the pace of the PDH/PP project, but such data rarely moves the broader sector.
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sources
- Alujain Corp Q3 Profit SAR 29 Million — Reuters, 1 November 2026 at 05:35 UTC
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