Financial Results : Tadweeer H1 2025 net profit rises 104% to SAR 26.6M

Tadweeer H1 2025 net profit rises 104% to SAR 26.6M

06/08/2025 Argaam Exclusive

View other reports

National Environmental Recycling Co. (Tadweeer) reported a net profit surge of 104% to SAR 26.6 million in the first half of 2025, compared to SAR 13 million in the year-earlier period.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 396.89 496.16 25.0 %
Gross Income 22.03 48.19 118.7 %
Operating Income 15.95 36.38 128.1 %
Net Income 13.04 26.64 104.3 %
Average Shares 116.16 116.16 -
Earnings Per Share before unusual items (Riyal) 0.11 0.23 104.3 %
EPS (Riyal) 0.11 0.23 104.3 %

The profit growth was driven by a 25% rise in revenue, supported by higher sales volumes as part of the company’s expansion program in H2 2024. The program boosted production capacity, leading to increased sales during H1 2025.

 

Revenue also benefited from improved sales value, with export sales climbing 23.2% after Tadweeer entered new markets in Asia. Local sales, mainly iron, rose 28.7% year-on-year (YoY).

 

The company also replaced leased equipment with owned assets, cutting operating costs. Further gains came from continued improvements in production line efficiency and tighter control of operating and administrative expenses across departments.

 

Compared to H2 2024, Tadweeer net profit rose 6% from SAR 25.14 million.

 

Total shareholders’ equity, no minority interest, stood at SAR 264.53 million by the end of H1 2025, compared to SAR 214.95 million in the year-earlier period.

View More Financial Results

 

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.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.