Mohammed Hasan Al Naqool Sons Co. reported a net profit increase of 180% to SAR 7.5 million in 2025, compared to SAR 2.7 million in 2024.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 70.95 | 80.85 | 14.0 % |
| Gross Income | 10.28 | 18.14 | 76.4 % |
| Operating Income | 5.94 | 11.01 | 85.5 % |
| Net Income | 2.69 | 7.53 | 179.8 % |
| Average Shares | 2.90 | 2.90 | - |
| Earnings Per Share before unusual items (Riyals) | 0.93 | 2.60 | 179.8 % |
| EPS (Riyal) | 0.93 | 2.60 | 179.8 % |
In 2025, revenue rose by 14% year-on-year (YoY), driven by several key factors, including a 40.86% increase in ready-mix concrete sales, the company’s core activity, and an 83.20% rise in sales of its subsidiary, Sadan Co. This was further supported by an expansion in business volume and customer base, which boosted overall sales.
Meanwhile, the company benefited from improved operational efficiency, which enhanced operating performance and positively impacted profit margins, while the expansion of its asset base and strengthening of its operational capabilities further supported business growth and revenue growth.
Additionally, stronger integration with its subsidiary, Sadan, contributed to a reduction in operating costs, further supporting profitability.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 41.72 | 44.35 | 6.3 % |
| Gross Income | 5.22 | 11.96 | 129.3 % |
| Operating Income | 3.25 | 7.68 | 136.2 % |
| Net Income | 1.49 | 5.45 | 265.7 % |
| Average Shares | 2.90 | 2.90 | - |
| Earnings Per Share before unusual items (Riyal) | 0.51 | 1.88 | 265.7 % |
| EPS (Riyal) | 0.51 | 1.88 | 265.7 % |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 36.50 | 44.35 | 21.5 % |
| Gross Income | 6.18 | 11.96 | 93.5 % |
| Operating Income | 3.33 | 7.68 | 130.6 % |
| Net Income | 2.08 | 5.45 | 162.4 % |
| Average Shares | 2.90 | 2.90 | - |
| Earnings Per Share before unusual items (Riyal) | 0.72 | 1.88 | 162.4 % |
| EPS (Riyal) | 0.72 | 1.88 | 162.4 % |
In H2 2025, the company’s net profit grew 266% YoY to SAR 5.45 million, from SAR 1.49 million.
The six-month net earnings jumped 162.4% from SAR 2.08 million in H1 2025.
Shareholders’ equity, excluding minority interest, reached SAR 59.89 million by Dec. 31, 2025, compared to SAR 52.72 million in the prior-year period.
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