Alkhorayef Water and Power Technologies Co. reported a slight decline in net profit to SAR 119.8 million for H1 2025, compared to SAR 119.9 million a year earlier.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 891.69 | 1,282.33 | 43.8 % |
Gross Income | 198.42 | 219.61 | 10.7 % |
Operating Income | 154.39 | 139.39 | (9.7 %) |
Net Income | 119.95 | 119.81 | (0.1 %) |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Riyals) | 3.43 | 3.42 | (0.1 %) |
EPS (Riyal) | 3.43 | 3.42 | (0.1 %) |
The company attributed the profit decline to the recognition of a one-off success fee in the comparable period from completing the initial phase of projects under execution.
In contrast, revenue rose 43.81% year-on-year (YoY) to SAR 1.28 billion in H1 2025, driven mainly by a 238.9% increase in wastewater revenue, an 8.78% rise in integrated water solutions, and a 6.72% increase in water segment revenue, supported by new projects.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 433.53 | 645.98 | 49.0 % |
Gross Income | 119.59 | 118.45 | (1.0 %) |
Operating Income | 95.33 | 67.09 | (29.6 %) |
Net Income | 76.89 | 61.66 | (19.8 %) |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Riyal) | 2.20 | 1.76 | (19.8 %) |
EPS (Riyal) | 2.20 | 1.76 | (19.8 %) |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 636.35 | 645.98 | 1.5 % |
Gross Income | 101.16 | 118.45 | 17.1 % |
Operating Income | 72.31 | 67.09 | (7.2 %) |
Net Income | 58.15 | 61.66 | 6.0 % |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.66 | 1.76 | 6.0 % |
EPS (Riyal) | 1.66 | 1.76 | 6.0 % |
The company’s second-quarter net profit declined 19.8% to SAR 61.66 million, from SAR 76.89 million in the year-ago period.
On a sequential basis, the three-month bottom line rose 6% from SAR 58.15 million in Q1 2025.
Total shareholders’ equity, with no minority interest, rose to SAR 824.68 million by the end of the current period, compared to SAR 657.53 million a year earlier.
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