Financial Results : Almajed Oud profit leaps 22% to SAR 145.2M in H1 2025; Q2 at SAR 24.3M

Almajed Oud profit leaps 22% to SAR 145.2M in H1 2025; Q2 at SAR 24.3M

28/07/2025 Argaam Exclusive

View other reports

Almajed Oud Co. posted a net profit of SAR 145.2 million in H1 2025, leaping 22% from SAR 119.5 million in the prior-year period.​



Financials (M)

Item 6m 2024 6m 2025 Change‬
Revenues 517.18 618.84 19.7 %
Gross Income 346.21 406.11 17.3 %
Operating Income 132.47 157.14 18.6 %
Net Income 119.51 145.23 21.5 %
Average Shares 25.00 25.00 -
Earnings Per Share before unusual items (Riyals) 4.89 5.81 18.9 %
EPS (Riyal) 4.78 5.81 21.5 %

The annual profit growth was driven by the strong performance of newly-launched products, the expanded retail network, the enhanced e-commerce platform, and the success of targeted marketing campaigns during both the Ramadan and Hajj seasons.

 

Additionally, increased operational efficiency measures contributed to the overall improvement in the six-month profitability.



Current Quarter Comparison (M)

Compared With The
Item Q2 2024 Q2 2025 Change‬
Revenues 259.56 208.69 (19.6 %)
Gross Income 173.50 135.13 (22.1 %)
Operating Income 61.45 28.72 (53.3 %)
Net Income 55.47 24.33 (56.1 %)
Average Shares 25.00 25.00 -
Earnings Per Share before unusual items (Riyal) 2.27 0.97 (57.2 %)
EPS (Riyal) 2.22 0.97 (56.1 %)

However, net profit slumped 56% to SAR 24.3 million in Q2 2025, compared with SAR 55.47 million in Q2 2024, hurt by weak sales for the three-month period.

 

On a sequential basis, the bottom line slipped 79.9% from SAR 120.9 million in Q1 2025.

 

Shareholders’ equity, no minority interest, amounted to SAR 511.86 million as of June 30, 2025, compared with SAR 372.48 million a year earlier.

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.