Jahez International Company for Information System Technology reported a net profit of SAR 58.9 million for the first half of 2025, leaping 38% from SAR 42.7 million a year earlier.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 1,021.89 | 1,093.03 | 7.0 % |
Gross Income | 216.92 | 245.25 | 13.1 % |
Operating Income | 32.30 | 48.97 | 51.6 % |
Net Income | 42.69 | 58.91 | 38.0 % |
Average Shares | 209.84 | 209.84 | - |
Earnings Per Share before unusual items (Halala) | 20.35 | 28.08 | 38.0 % |
EPS (Halala) | 20.35 | 28.08 | 38.0 % |
The improved performance was fueled by higher total orders, average order value, improved take rate, as well as significant growth in advertising and other revenues.
Segment wise, Saudi Arabia remained the key profit engine, while non-Saudi Arabia losses narrowed materially on improved operating discipline. Logistics H1 2025 loss narrowed 25.5% year-on-year (YoY) despite continued investment to scale sponsored drivers. Other segments reflect ongoing development of newer verticals and investments, while operational performance within the segment continues to improve as scale builds.
In Q2 2025, net earnings fell 22% to SAR 23.6 million from SAR 30.2 million in Q2 2024.
Compared to Q1 2025, Jahez net profit dropped 33.2% from SAR 35.3 million.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 540.96 | 567.08 | 4.8 % |
Gross Income | 121.28 | 119.28 | (1.7 %) |
Operating Income | 27.12 | 14.74 | (45.7 %) |
Net Income | 30.24 | 23.60 | (22.0 %) |
Average Shares | 209.84 | 209.84 | - |
Earnings Per Share before unusual items (Halala) | 14.41 | 11.24 | (22.0 %) |
EPS (Halala) | 14.41 | 11.24 | (22.0 %) |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 525.96 | 567.08 | 7.8 % |
Gross Income | 125.98 | 119.28 | (5.3 %) |
Operating Income | 34.24 | 14.74 | (56.9 %) |
Net Income | 35.32 | 23.60 | (33.2 %) |
Average Shares | 209.84 | 209.84 | - |
Earnings Per Share before unusual items (Halala) | 16.83 | 11.24 | (33.2 %) |
EPS (Halala) | 16.83 | 11.24 | (33.2 %) |
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: