National Environmental Recycling Co. (Tadweeer) reported SAR 60.9 million in net profit for 2025, up 68% from SAR 36.2 million in the year before.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 806.05 | 1,237.22 | 53.5 % |
| Gross Income | 58.17 | 98.80 | 69.8 % |
| Operating Income | 45.82 | 80.02 | 74.6 % |
| Net Income | 36.16 | 60.89 | 68.4 % |
| Average Shares | 232.32 | 232.32 | - |
| Earnings Per Share before unusual items (Riyals) | 0.16 | 0.26 | 68.4 % |
| EPS (Riyal) | 0.16 | 0.26 | 68.4 % |
Revenues increased by more than 53.5% compared to the same period last year due to higher volume of products sold with major target customer region Asia. This was in addition to the expansion of operations through the commissioning of new production lines, which enhanced production capacity and increased sales volumes versus the prior-year period.
The company also replaced rented equipment with purchased equipment, which led to a decrease in operational costs.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 409.15 | 741.06 | 81.1 % |
| Gross Income | 36.14 | 50.61 | 40.0 % |
| Operating Income | 29.87 | 43.64 | 46.1 % |
| Net Income | 23.13 | 34.26 | 48.1 % |
| Average Shares | 232.32 | 232.32 | - |
| Earnings Per Share before unusual items (Riyal) | 0.10 | 0.15 | 48.1 % |
| EPS (Riyal) | 0.10 | 0.15 | 48.1 % |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 496.16 | 741.06 | 49.4 % |
| Gross Income | 48.19 | 50.61 | 5.0 % |
| Operating Income | 36.38 | 43.64 | 19.9 % |
| Net Income | 26.64 | 34.26 | 28.6 % |
| Average Shares | 232.32 | 232.32 | - |
| Earnings Per Share before unusual items (Riyal) | 0.11 | 0.15 | 28.6 % |
| EPS (Riyal) | 0.11 | 0.15 | 28.6 % |
In H2 2025, net earnings jumped by 48% to SAR 34.3 million, versus SAR 23.13 million in the prior-year period.
Biannually, the six-month net profit leapt 28.6% from SAR 26.64 million in H1 2025.
Total shareholders’ equity, no minority interest, amounted to SAR 298.73 million by Dec. 31, 2025, up from SAR 238.18 million a year earlier.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: