MOBI Industry Co. reported a net profit of SAR 19.5 million for the first nine months of 2025, a slump of 34% from SAR 29.7 million a year earlier.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 172.76 | 179.27 | 3.8 % |
| Gross Income | 64.67 | 62.10 | (4.0 %) |
| Operating Income | 30.77 | 21.22 | (31.0 %) |
| Net Income | 29.69 | 19.46 | (34.5 %) |
| Average Shares | 50.00 | 50.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.59 | 0.39 | (34.5 %) |
| EPS (Riyal) | 0.59 | 0.39 | (34.5 %) |
This was driven by higher cost of sales, shipping costs, and prices for some raw materials, along with an increase in direct and indirect costs.
The company also cited higher advertising and marketing expenses, an increase in the value of discounts and promotional offers in addition to the company's loss share from an associate in the current quarter.
Total shareholders’ equity, after minority interest, stood at SAR 78.96 million at the end of Sept. 30, 2025, from SAR 75.41 million in the year-earlier period.
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: