Financial Results : Alwasail profit down 1% to SAR 13.3M in Q1 2025

Alwasail profit down 1% to SAR 13.3M in Q1 2025

15/05/2025 Argaam Exclusive

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Alwasail Industrial Co. reported a net profit decline of 1% to SAR 13.3 million in Q1 2025, from SAR 13.5 million in the year-earlier period.



Financials (M)

Item 3m 2024 3m 2025 Change‬
Revenues 110.31 107.10 (2.9 %)
Gross Income 34.72 30.90 (11.0 %)
Operating Income 16.84 15.35 (8.9 %)
Net Income 13.46 13.28 (1.3 %)
Average Shares 250.00 250.00 -
Earnings Per Share before unusual items (Riyals) 0.05 0.05 (1.3 %)
EPS (Riyal) 0.05 0.05 (1.3 %)

The company cited an interruption in supplies earlier this year, on transition to the new system and lower export revenues.

 

Total shareholders’ equity, no minority interest, increased to SAR 374.47 million as of March 31, 2025, from SAR 371.99 million a year earlier.

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