Group Five Pipe Saudi Co. reported a rise in net profit to SAR 125.2 million for H1 2025, compared to SAR 9.2 million in the same period of 2024.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 375.93 | 922.30 | 145.3 % |
Gross Income | 39.89 | 162.53 | 307.4 % |
Operating Income | 28.32 | 147.75 | 421.7 % |
Net Income | 9.21 | 125.18 | 1259.7 % |
Average Shares | 28.00 | 28.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.33 | 4.47 | 1259.7 % |
EPS (Riyal) | 0.33 | 4.47 | 1259.7 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 600.64 | 922.30 | 53.6 % |
Gross Income | 67.31 | 162.53 | 141.5 % |
Operating Income | 57.40 | 147.75 | 157.4 % |
Net Income | 29.31 | 125.18 | 327.0 % |
Average Shares | 28.00 | 28.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.05 | 4.47 | 327.0 % |
EPS (Riyal) | 1.05 | 4.47 | 327.0 % |
Revenue soared to SAR 922 million in H1 2025 from SAR 375 million in H1 2024, driven by increased sales volumes and lower production cost per ton.
H1 2025 net profit jumped 327% from SAR 29. 31 million in H2 2024.
Shareholders’ equity, no minority interest, reached SAR 472.85 million by the end of the first half of 2025, up from SAR 333.28 million a year earlier.
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