Financial Results : Alhasoob profit rises 12% to SAR 1.8M in H1 2025

Alhasoob profit rises 12% to SAR 1.8M in H1 2025

26/08/2025 Argaam Exclusive

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Alhasoob Co. reported a 12% rise in H1 2025 net profit to SAR 1.8 million, from SAR 1.6 million in the year-earlier period.


Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 123.17 127.09 3.2 %
Gross Income 8.47 8.48 0.1 %
Operating Income 2.25 2.45 8.8 %
Net Income 1.57 1.76 12.1 %
Average Shares 2.80 2.80 -
Earnings Per Share before unusual items (Riyal) 0.56 0.63 12.1 %
EPS (Riyal) 0.56 0.63 12.1 %

The profit growth during the six-month period was backed by higher revenues, due to an expanding customer base and improved service quality, which strengthened market confidence and boosted sales volumes.

 

In addition, Alhasoob witnessed improved gross profit margin and lower operating expenses, coupled with stable financing costs.

 

Compared to H2 2024, Alhasoob’s net profit dropped by 20.4% from SAR 2.21 million.

 

Shareholders’ equity, with no minority interest, stood at SAR 42.89 million by the end of H1 2025, compared to SAR 38.76 million in the same period last year.

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