Financial Results : Sadirat trims net loss to SAR 6.1M in H1 2025, SAR 5.1M in Q2

Sadirat trims net loss to SAR 6.1M in H1 2025, SAR 5.1M in Q2

05/08/2025 Argaam Exclusive

View other reports

Saudi Industrial Export Co. (Sadirat) slashed its net loss to SAR 6.1 million in H1 2025, from SAR 9.1 million in the year-ago period.



Financials (M)

Item 6m 2024 6m 2025 Change‬
Operating Income (14.61) (6.99) 52.1 %
Net Income (9.09) (6.08) 33.1 %
Average Shares 194.40 194.40 -
Earnings Per Share before unusual items (Riyals) (0.05) (0.03) 33.1 %
EPS (Riyal) (0.05) (0.03) 33.1 %

The six-month positive performance was attributed to a 23% annual decrease in general & administrative expenses, higher bank returns and income from investments carried at amortized cost, and a narrower provision for expected credit losses.

 

This came despite the year-on-year (YoY) pullback in H1 2025 revenues, given the reallocation of commercial activities, an increased focus on investment-focused operations, and the ongoing implementation of the company’s updated strategy.



Current Quarter Comparison (M)

Compared With The
Item Q2 2024 Q2 2025 Change‬
Operating Income (8.95) (3.21) 64.1 %
Net Income (9.62) (5.10) 47.0 %
Average Shares 194.40 194.40 -
Earnings Per Share before unusual items (Riyal) (0.05) (0.03) 47.0 %
EPS (Riyal) (0.05) (0.03) 47.0 %

In Q2 2025, net losses amounted to SAR 5.1 million, down from SAR 9.62 million in the year before.

 

On the other hand, the Saudi-listed company widened its three-month net loss from SAR 981,000 in Q1 2025.

 

Sadirat posted no revenues in the first and second quarters of 2025 as a result of the redistribution of its commercial activities.

 

Total shareholders’ equity, no minority interest, contracted to SAR 118.86 million as of June 30, 2025, compared to SAR 135.36 million a year earlier.

 

Accumulated losses reached SAR 76.1 million by the end of H1 2025, representing 39.2% of capital.

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.


Comments {{getCommentCount()}}

Be the first to comment

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