Anaam International Holding Group reported a net loss of SAR 6.2 million for Q1 2025, against a net profit of SAR 4.6 million in the year-earlier period.
Item | Q1 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 11.52 | 8.88 | (22.9 %) |
Gross Income | 7.03 | 4.88 | (30.5 %) |
Operating Income | 1.77 | (2.67) | (251.2 %) |
Net Income | 4.56 | (6.20) | (235.8 %) |
Average Shares | 31.50 | 31.50 | - |
Earnings Per Share before unusual items (Riyals) | 0.00 | (0.20) | (9227.1 %) |
EPS (Riyals) | 0.14 | (0.20) | (235.8 %) |
Item | Q4 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 9.45 | 8.88 | (6.0 %) |
Gross Income | 5.28 | 4.88 | (7.6 %) |
Operating Income | (8.04) | (2.67) | 66.8 % |
Net Income | 3.96 | (6.20) | (256.4 %) |
Average Shares | 31.50 | 31.50 | - |
Earnings Per Share before unusual items (Riyals) | 0.13 | (0.20) | (256.4 %) |
EPS (Riyals) | 0.13 | (0.20) | (256.4 %) |
The shift to losses was attributed to lower revenues from Saudi Wasit Factory for Entertainment & Beauty Systems, as well as higher general and administrative expenses. The company also cited losses in the fair value of long-term investments and discontinued operating profit.
Sequentially, Anaam turned to losses from earnings of SAR 3.96 million in Q4 2024, mainly hurt by lower revenues on a quarterly basis for Q1 2025.
Shareholders’ equity, excluding minority interest, reached SAR 261.01 million by March 31, 2025, compared to SAR 290.63 million in the prior-year period.
The company’s accumulated losses reached SAR 53.98 million by March 31, 2025, accounting for 17% of capital.
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