Scientific and Medical Equipment House Co. (Equipment House) reported SAR 27.7 million profit in the first nine months of 2025, compared to SAR 27.3 million a year earlier.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 650.01 | 694.80 | 6.9 % |
| Gross Income | 107.08 | 101.10 | (5.6 %) |
| Operating Income | 52.00 | 37.20 | (28.5 %) |
| Net Income | 27.30 | 27.70 | 1.5 % |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.91 | 0.92 | 1.5 % |
| EPS (Riyal) | 0.91 | 0.92 | 1.5 % |
The profit growth was attributed to a 7% year-on-year (YoY) rise in the company’s revenue in the first nine months of 2025 to SAR 44.8 million.
This was mainly driven by a SAR 55.2 million rise in revenue from Protecta Vision, as the company recognized SAR 56.8 million in sales. In addition, Equipment House noted a SAR 15.5 million increase in revenue from other subsidiaries.
On the other hand, revenue from the operations, maintenance, and contracting segment declined by SAR 25.9 million due to the completion and handover of certain projects during the period.
The company's Q3 2025 net profit fell 29.4% to SAR 7.7 million, compared to SAR 10.9 million a year earlier.
Sequentially, net earnings plunged 37.8% from SAR 12.37 million in Q2 2025.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 218.39 | 200.50 | (8.2 %) |
| Gross Income | 34.78 | 28.60 | (17.8 %) |
| Operating Income | 17.32 | 6.90 | (60.2 %) |
| Net Income | 10.91 | 7.70 | (29.4 %) |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.36 | 0.26 | (29.4 %) |
| EPS (Riyal) | 0.36 | 0.26 | (29.4 %) |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 272.04 | 200.50 | (26.3 %) |
| Gross Income | 38.74 | 28.60 | (26.2 %) |
| Operating Income | 16.00 | 6.90 | (56.9 %) |
| Net Income | 12.37 | 7.70 | (37.8 %) |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.41 | 0.26 | (37.8 %) |
| EPS (Riyal) | 0.41 | 0.26 | (37.8 %) |
Shareholders' equity, excluding minority interest, dropped to SAR 508.3 million as of Sept. 30, 2025, compared to SAR 538.1 million in the prior-year period.
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