RIYADH: Saudi Arabia’s National Co. for Glass Industries, known as Zoujaj, saw its profit jump 265 percent to SR72.4 million ($19 million) during the first half of 2022.
The glass manufacturer’s net profit in the first six months of this year has jumped from SR19.8 million during the same period in 2021, according to a bourse filing.
The current period’s rise is attributed to the increase in revenue and gross margin of the glass containers business activity, as well as the higher profit of associated companies operating in the float glass.