WAJA Co. posted a net profit of SAR 5.1 million in 2025, versus SAR 5.3 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 198.81 | 138.52 | (30.3 %) |
| Gross Income | 20.00 | 26.39 | 31.9 % |
| Operating Income | 9.05 | 9.98 | 10.4 % |
| Net Income | 5.31 | 5.13 | (3.4 %) |
| Average Shares | 70.00 | 70.00 | - |
| Earnings Per Share before unusual items (Halala) | 7.59 | 7.34 | (3.4 %) |
| EPS (Halala) | 7.59 | 7.34 | (3.4 %) |
The company reported a 30.33% (SAR 60.3 million) yearly drop in its 2025 revenue. This was due to a reduction in the value of projects executed during the year, albeit the projects undertaken were of higher profitability.
In addition, administrative expenses during 2025 rose by 57.13% compared to 2024, reaching SAR 3.3 million. This was fueled by higher professional fees and bank charges for the same year.
In H2 2025, the company turned to a net profit of SAR 3.65 million, versus a net loss of SAR 2.13 million in H2 2024.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 101.52 | 87.39 | (13.9 %) |
| Gross Income | 5.84 | 13.50 | 131.3 % |
| Operating Income | (0.29) | 5.65 | 2063.5 % |
| Net Income | (2.13) | 3.65 | 271.4 % |
| Average Shares | 70.00 | 70.00 | - |
| Earnings Per Share before unusual items (Halala) | (3.04) | 5.21 | 271.4 % |
| EPS (Halala) | (3.04) | 5.21 | 271.4 % |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 51.13 | 87.39 | 70.9 % |
| Gross Income | 12.89 | 13.50 | 4.8 % |
| Operating Income | 4.34 | 5.65 | 30.1 % |
| Net Income | 1.49 | 3.65 | 145.5 % |
| Average Shares | 70.00 | 70.00 | - |
| Earnings Per Share before unusual items (Halala) | 2.12 | 5.21 | 145.5 % |
| EPS (Halala) | 2.12 | 5.21 | 145.5 % |
Sequentially, WAJA’s net earnings more than doubled from SAR 1.49 million in H1 2025.
Total shareholders’ equity, no minority interest, amounted to SAR 105.56 million as of Dec. 31, 2025, rising from SAR 100.77 million a year earlier.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: