Mobile Telecommunication Company Saudi Arabia (Zain KSA) reported a net profit of SAR 220 million in H1 2025, a rise from SAR 172 million in the year-earlier period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 5,087.00 | 5,344.00 | 5.1 % |
Gross Income | 3,085.63 | 3,211.00 | 4.1 % |
Operating Income | 492.42 | 579.00 | 17.6 % |
Net Income | 172.00 | 220.00 | 27.9 % |
Average Shares | 898.73 | 898.73 | - |
Earnings Per Share before unusual items (Riyals) | 0.13 | 0.24 | 84.2 % |
EPS (Riyal) | 0.19 | 0.24 | 27.9 % |
The profit increase is driven by a 5% year-on-year (YoY) rise in revenue to SAR 5.34 billion during H1 2025, on the back of growth in consumer segment mainly from 5G and from TAMAM.
Additionally, gross profit grew by SAR 125 million to SAR 3.21 billion, on higher revenue.
EBITDA increased by SAR 110 million (+7%) to SAR 1.66 billion, despite higher depreciation and amortization expenses by SAR 23 million due to the capitalization of the new spectrum. Financing costs decreased by SAR 17 million.
The company recorded a one-off government grant gain related to the closure of a project in 2024 worth of SAR 52 million.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 2,552.00 | 2,654.00 | 4.0 % |
Gross Income | 1,540.46 | 1,625.00 | 5.5 % |
Operating Income | 241.69 | 305.00 | 26.2 % |
Net Income | 105.00 | 127.00 | 21.0 % |
Average Shares | 898.73 | 898.73 | - |
Earnings Per Share before unusual items (Riyal) | 0.06 | 0.14 | 139.9 % |
EPS (Riyal) | 0.12 | 0.14 | 21.0 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 2,690.00 | 2,654.00 | (1.3 %) |
Gross Income | 1,585.00 | 1,625.00 | 2.5 % |
Operating Income | 274.00 | 305.00 | 11.3 % |
Net Income | 93.00 | 127.00 | 36.6 % |
Average Shares | 898.73 | 898.73 | - |
Earnings Per Share before unusual items (Riyal) | 0.10 | 0.14 | 36.6 % |
EPS (Riyal) | 0.10 | 0.14 | 36.6 % |
Q2 2025 net profit jumped 21% YoY to SAR 127 million from SAR 105 million in Q2 2024 driven by higher revenue, gross profit and EBITDA.
On a quarterly basis, net earnings grew 36.6% from SAR 93 million in Q1 2025.
Total shareholders’ equity, no minority interest, reached SAR 10.46 billion by June 30, 2025, compared to SAR 10.31 billion in prior-year period.
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