Astra Industrial’s net profits fall 19.5% in Q3-26

ASTRA INDUSTRIAL
1212 -8.09% 104.50 -9.20

Riyadh - Mubasher: Astra Industrial Group generated net profits valued at SAR 134.71 million in the third quarter (Q3) of 2026, down 19.55% from SAR 167.44 million in Q3-25.

The company attributed the decline to lower sales performance within its pharmaceutical and steel industries divisions.

Quarterly revenue reached SAR 586.12 million, an annual drop of 19.72% from SAR 730 million. Operating profit for the three-month period fell by 20.77% to SAR 144.26 million from SAR 182.08 million.

On a sequential basis, net profit decreased by 29.86% from the SAR 192.06 million achieved in Q2-26, driven by a broad decline in sales across all business segments.

In the first nine months (9M) of 2026, the group’s net profit stood at SAR 499.91 million, lower by 2.79% than SAR 514.24 million in 9M-25.

Total revenue retreated by 5.53% to SAR 2.15 billion at the end of September 2026.

Earnings per share (EPS) hit SAR 6.25 when compared to SAR 6.43 a year earlier. Total shareholders' equity climbed by 14.02% to reach SAR 3.20 billion.

At the end of June 2026, the net profits jumped by 5.31% to SAR 365.20 million from SAR 346.80 million.

Source: Mubasher Source: {{details.article.source}}