Fourth Milling Co. (MC4) reported a net profit of SAR 52.7 million for the first quarter of 2025, an 8% growth from SAR 48.6 million in the year-earlier period.
Item | Q1 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 165.56 | 170.14 | 2.8 % |
Gross Income | 79.41 | 81.98 | 3.2 % |
Operating Income | 54.54 | 54.22 | (0.6 %) |
Net Income | 48.62 | 52.70 | 8.4 % |
Average Shares | 540.00 | 540.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.09 | 0.10 | 8.4 % |
EPS (Riyals) | 0.09 | 0.10 | 8.4 % |
Item | Q4 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 166.74 | 170.14 | 2.0 % |
Gross Income | 80.91 | 81.98 | 1.3 % |
Operating Income | 53.57 | 54.22 | 1.2 % |
Net Income | 42.10 | 52.70 | 25.2 % |
Average Shares | 540.00 | 540.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.09 | 0.10 | 10.1 % |
EPS (Riyals) | 0.08 | 0.10 | 25.2 % |
Revenue rose 2.8% year-on-year (YoY) to SAR 170.1 million on product diversification strategy.
This was supported by a SAR 1.3 million increase in income from Shariah-compliant investment deposits and a positive impact of SAR 2.3 million from the reduction in deferred tax liabilities.
These gains were partially offset by a SAR 1.9 million increase in selling expenses and a SAR 0.9 million rise in general and administrative expenses during the current quarter.
On a sequential basis, Q1 net earnings jumped by 25.2%, from SAR 42.1 million.
Total shareholders’ equity (no minority equity) stood at SAR 706.75 million by the end of the current period, compared to SAR 717.76 million a year earlier.
Company | Estimated | Actual | Change |
---|---|---|---|
CITY CEMENT | 38.67 | 51.54 | 33.3 % |
SSP | 53.40 | 69.00 | 29.2 % |
TAWUNIYA | 207.50 | 261.69 | 26.1 % |
BJAZ | 341.93 | 361.00 | 5.6 % |
FOURTH MILLING | 59.00 | 52.70 | (10.7 %) |
Company | Estimated | Actual | Change |
---|---|---|---|
CITY CEMENT | 38.67 | 51.54 | 33.3 % |
SSP | 53.40 | 69.00 | 29.2 % |
TAWUNIYA | 207.50 | 261.69 | 26.1 % |
BJAZ | 341.93 | 361.00 | 5.6 % |
FOURTH MILLING | 59.00 | 52.70 | (10.7 %) |
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