Almasane Alkobra Mining Co.’s (AMAK) net earnings advanced by 58% to SAR 280.6 million in 2025, versus SAR 177.9 million a year ago.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 780.65 | 1,026.08 | 31.4 % |
| Gross Income | 288.33 | 435.43 | 51.0 % |
| Operating Income | 222.35 | 367.48 | 65.3 % |
| Net Income | 177.90 | 280.60 | 57.7 % |
| Average Shares | 90.00 | 90.00 | - |
| Earnings Per Share before unusual items (Riyals) | 1.98 | 3.12 | 57.7 % |
| EPS (Riyal) | 1.98 | 3.12 | 57.7 % |
The annual profit hike was primarily driven by a 31% (SAR 245 million) year-on-year (YoY) rise in revenues. This was mainly due to higher gold, copper, and zinc prices, along with increased gold sales volumes, despite lower copper and zinc sales volumes.
Gross profit also rose by SAR 147 million, or 51%, supported by higher revenues and reduced selling and marketing expenses.
However, this was partially offset by higher general and administrative expenses, as well as increased tax charges and royalty fees.
In Q4 2025, earnings reached SAR 70.9 million, up 72.2% from SAR 41.2 million a year earlier.
Sequentially, however, the three-month bottomline contracted by 12.8% from SAR 81.37 million in Q3 2025.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 226.88 | 276.69 | 22.0 % |
| Gross Income | 76.18 | 119.29 | 56.6 % |
| Operating Income | 59.28 | 103.49 | 74.6 % |
| Net Income | 41.20 | 70.94 | 72.2 % |
| Average Shares | 90.00 | 90.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.46 | 0.79 | 72.2 % |
| EPS (Riyal) | 0.46 | 0.79 | 72.2 % |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 271.06 | 276.69 | 2.1 % |
| Gross Income | 121.76 | 119.29 | (2.0 %) |
| Operating Income | 104.86 | 103.49 | (1.3 %) |
| Net Income | 81.37 | 70.94 | (12.8 %) |
| Average Shares | 90.00 | 90.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.90 | 0.79 | (12.8 %) |
| EPS (Riyal) | 0.90 | 0.79 | (12.8 %) |
Shareholders' equity, no minority interest, stood at SAR 1.32 billion at the end of 2025, compared with SAR 1.25 billion a year ago.
| Company | Estimated | Actual | Change |
|---|---|---|---|
| AMAK | 103.50 | 70.94 | |
| ARABIAN DRILLING | (21.28) | (148.52) | |
| MODERN MILLS | 55.23 | 52.34 | |
| SABIC AGRI-NUTRIENTS | 1,027.22 | 987.81 | |
| ELM | 679.30 | 445.90 | |
| TAWUNIYA | 154.10 | 200.75 | |
| SAUDI KAYAN | (496.50) | (685.49) | |
| LUMI | 48.32 | 38.02 | |
| SAUDI GERMAN HEALTH | 57.43 | 37.79 | |
| MARAFIQ | 54.00 | 51.22 |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| AMAK | 103.50 | 70.94 | |
| ARABIAN DRILLING | (21.28) | (34.00) | |
| MODERN MILLS | 55.23 | 52.34 | |
| SABIC AGRI-NUTRIENTS | 1,027.22 | 987.81 | |
| ELM | 679.30 | 445.90 | |
| TAWUNIYA | 154.10 | 200.75 | |
| SAUDI KAYAN | (496.50) | (685.49) | |
| LUMI | 48.32 | 38.02 | |
| SAUDI GERMAN HEALTH | 57.43 | 37.79 | |
| MARAFIQ | 54.00 | 51.22 |
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