What was Naqi Water's revenue in H1 2026?

Revenue reached SAR 112.13 million, up 17.2% year-on-year.

What was Naqi Water's net profit in H1 2026?

Net profit was SAR 15.08 million, up 79.5% compared to H1 2025.

What drove Naqi Water's profit growth?

Growth was driven by a 36% rise in retail water sales, improved sales mix, higher table egg sales, and cost control.

Naqi Water H1 2026 Net Profit Jumps 79.5% to SAR 15.08M

Naqi Water Co. (2282) posted a net profit of SAR 15.08 million for the first half of 2026, a 79.5% increase year-on-year, supported by a 17.2% rise in revenue to SAR 112.13 million and an improved sales mix.

Naqi Water Co. (Ticker: 2282) announced its interim financial results for the six months ended June 30, 2026, reporting a net profit of SAR 15.08 million, up 79.5% year-on-year, driven by revenue growth and an improved sales mix. Revenue rose 17.2% to SAR 112.13 million.

Key Financial Results

Item	H1 2026	H1 2025	Change
Revenue	SAR 112.13M	SAR 95.64M	+17.2%
Net Profit	SAR 15.08M	SAR 8.40M	+79.5%
EPS	Not disclosed	Not disclosed	-

On a quarterly basis, revenue increased 17.0% to SAR 60.46 million in Q2 2026 from SAR 51.68 million in Q1 2026, while net profit surged 42.7% to SAR 8.87 million.

Key Highlights from the Statement

The company attributed the annual growth to a 36% increase in retail sales in the water segment, an improved sales mix, and higher table egg sales from expansion projects. Continued control over manufacturing costs boosted gross profit by 22.7% and operating profit by 75.2%.

Quarter-on-quarter growth was driven by higher product sales, improved sales-channel performance (especially retail water sales), and increased table egg sales from expanded production capacity. Selling and distribution expenses declined compared to the prior quarter.

Guidance

No specific forward guidance was provided in the announcement.

Stock Impact

The strong financial performance is expected to positively impact Naqi Water's share price (2282) in the upcoming trading session, as earnings significantly exceeded the prior-year period.

What This Means for Investors

The results reflect a notable improvement in profitability driven by sales growth and cost efficiency. However, investors should monitor the sustainability of this growth amid competition in the water sector and distribution costs.