Taiba Investments Co. reported a net profit rise of 22.7% to SAR 298.8 million for the nine-month period ended Sept. 30, 2025, compared to SAR 243.6 million in the year-earlier period.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 978.00 | 1,004.10 | 2.7 % |
| Gross Income | 396.30 | 379.70 | (4.2 %) |
| Operating Income | 316.60 | 303.10 | (4.3 %) |
| Net Income | 243.60 | 298.80 | 22.7 % |
| Average Shares | 260.46 | 260.46 | - |
| Earnings Per Share before unusual items (Riyals) | 0.94 | 0.92 | (1.7 %) |
| EPS (Riyal) | 0.94 | 1.15 | 22.7 % |
The company attributed the profit growth to higher operating revenues, which reached SAR 1 billion, up SAR 26.1 million or 2.7% year-on-year (YoY). The increase was mainly due to improved performance across the company’s various business segments.
Taiba reversed impairment provisions on certain fixed assets following an improvement in their value, as well as other legal provisions formed in 2023 related to the termination of a contract with one of the operators.
In Q3 2025, net earnings grew 2% to SAR 60.4 million, from SAR 59.3 million in Q3 2024.
Compared to the previous quarter, net earnings dropped 43.6% from SAR 107.1 million, hurt by a sequential decline in the third-quarter revenues on seasonal factors and the operating expenses incurred by Taiba for new facilities.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 268.50 | 276.30 | 2.9 % |
| Gross Income | 95.70 | 80.40 | (16.0 %) |
| Operating Income | 84.30 | 76.80 | (8.9 %) |
| Net Income | 59.30 | 60.40 | 1.9 % |
| Average Shares | 260.46 | 260.46 | - |
| Earnings Per Share before unusual items (Riyal) | 0.23 | 0.23 | 1.9 % |
| EPS (Riyal) | 0.23 | 0.23 | 1.9 % |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 370.00 | 276.30 | (25.3 %) |
| Gross Income | 125.20 | 80.40 | (35.8 %) |
| Operating Income | 77.80 | 76.80 | (1.3 %) |
| Net Income | 107.10 | 60.40 | (43.6 %) |
| Average Shares | 260.46 | 260.46 | - |
| Earnings Per Share before unusual items (Riyal) | 0.18 | 0.23 | 26.6 % |
| EPS (Riyal) | 0.41 | 0.23 | (43.6 %) |
Shareholders’ equity, after minority interest, increased to SAR 6.87 billion as of Sept. 30, 2025, from SAR 6.70 billion a year earlier.
| Company | Estimated | Actual | Change |
|---|---|---|---|
| CITY CEMENT | 29.43 | 8.75 | |
| SOLUTIONS | 452.24 | 417.00 | |
| AMAK | 83.00 | 81.37 | |
| ASTRA INDUSTRIAL | 158.25 | 167.44 | |
| MIAHONA | 6.00 | 4.56 | |
| LEEJAM SPORTS | 106.35 | 81.00 | |
| FIRST MILLS | 68.05 | 71.66 | |
| TAIBA | 58.00 | 60.40 | |
| SAUDI KAYAN | (409.28) | (336.25) | |
| ACC | 20.43 | 65.50 |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| CITY CEMENT | 29.43 | 8.75 | |
| SOLUTIONS | 452.24 | 417.00 | |
| AMAK | 83.00 | 81.37 | |
| ASTRA INDUSTRIAL | 158.25 | 167.44 | |
| MIAHONA | 6.00 | 4.56 | |
| LEEJAM SPORTS | 106.35 | 81.00 | |
| FIRST MILLS | 68.05 | 71.66 | |
| TAIBA | 58.00 | 60.40 | |
| SAUDI KAYAN | (409.28) | (442.25) | |
| ACC | 20.43 | 65.50 |
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