Financial Results : Rawasi Albina posts SAR 1.2M profit in H1 2025

Rawasi Albina posts SAR 1.2M profit in H1 2025

31/08/2025 Argaam Exclusive

View other reports

Rawasi Albina Investment Co. swung to a net profit of SAR 1.2 million in the first half of 2025, against a net loss of SAR 9.7 in the same period a year earlier.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 38.09 74.73 96.2 %
Net Income (9.75) 1.20 112.3 %
Average Shares 55.00 55.00 -
Earnings Per Share before unusual items (Riyal) (0.14) 0.02 115.1 %
EPS (Riyal) (0.18) 0.02 112.3 %

The company’s return into profitability was attributed to higher revenues in the six-month period year-on-year (YoY), driven by an increase in executed projects and expansion in contracting and infrastructure agreements.

 

Revenues grew from SAR 38.1 million in H1 2024 to SAR 74.7 million in H1 2025, an increase of nearly 96%. This was mainly spurred by new contracts, in addition to improved execution efficiency and higher capacity in ongoing projects, which boosted revenue growth and enhanced operating performance compared to the previous period.

 

H1 2025 profit plunged 93% from SAR 17.21 million in H2 2024.

 

Shareholders’ equity, no minority interest, reached SAR 146.18 million as of June 30, 2025, compared to SAR 128.02 million in the same period last year.

 

On Feb. 20, the company signed a contract with the National Water Co., with the financial impact expected during H1 2025 through 2027.

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.