Financial Results : Thimar widens losses to SAR 8.9M in H1 2025; Q2 at SAR 4.5M

Thimar widens losses to SAR 8.9M in H1 2025; Q2 at SAR 4.5M

07/08/2025 Argaam Exclusive

View other reports

Thimar Development Holding Co. reported a net loss of SAR 8.9 million for H1 2025, compared to SAR 6.9 million a year earlier.



Financials (M)

Item 6m 2024 6m 2025 Change‬
Operating Income (8.61) (8.22) 4.5 %
Net Income (6.95) (8.90) (28.1 %)
Average Shares 6.50 6.50 -
Earnings Per Share before unusual items (Riyals) (1.34) (1.37) (2.5 %)
EPS (Riyal) (1.07) (1.37) (28.1 %)

The company’s losses increased in H1 2025 on a SAR 2.5 million decline in other revenues, despite the decrease in general and administrative (G&A) expenses by SAR 400,000. This is in addition to lower expenses due to the effect of adjusting the cash flows of financial obligations by approximately SAR 100,000.

 

The company slightly trimmed its losses to SAR 4.47 million in Q2 2025, from SAR 4.64 million in Q2 2024.

 

Sequentially, Thimar incurred more losses compared to SAR 4.43 million in Q1 2025.



Current Quarter Comparison (M)

Compared With The
Item Q2 2024 Q2 2025 Change‬
Operating Income (4.56) (4.06) 11.0 %
Net Income (4.64) (4.47) 3.7 %
Average Shares 6.50 6.50 -
Earnings Per Share before unusual items (Riyal) (0.71) (0.69) 3.7 %
EPS (Riyal) (0.71) (0.69) 3.7 %

Shareholders’ equity, no minority interest, stood at SAR 15.93 million as of June 30, 2025, compared to SAR 24.19 million a year earlier.

 

As of June 30, 2025, Thimar’s accumulated losses amounted to SAR 90.8 million. 

Attached document:

 

 

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.