Riyadh — Mubasher: Al Taiseer Group Talco Industrial Company achieved a net profit of SAR 72.44 million during the nine-month (9M) period that ended on 30 September 2026.
The net income result represents a 12.12% increase from SAR 64.61 million in 9M-25, according to a bourse disclosure.
The company attributed the growth to a 14.17% rise in revenue to SAR 664.90 million, supported by higher selling prices in the aluminum, powder coating, and accessories sectors.
Earnings per share (EPS) for the 9M-26 period rose to SAR 1.81 from SAR 1.62 in 9M-25.
Total shareholders' equity stood at SAR 527.02 million as of 30 September 2026.
For the third quarter (Q3) of 2026, the net profit edged down by 1.07% to SAR 21.34 million when compared to SAR 21.57 million in Q3-25.
While quarterly revenue grew by 4.36% to SAR 211.59 million, the bottom line was impacted by higher costs of sales and increased selling and distribution expenses.
On a sequential basis, net profits fell by 22.26% in Q3-26 from the SAR 27.45 million recorded in Q2-26. Nice One cited lower sales volume in the aluminum and accessories segments, alongside a decline in selling prices and higher zakat and finance charges, as primary factors for the quarter-on-quarter decrease.
