Almasane Alkobra Mining Co. (AMAK) reported a net profit of SAR 128.3 million in H1 2025, a rise of 67% from SAR 76.9 million in the year-earlier period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 337.81 | 478.34 | 41.6 % |
Gross Income | 122.46 | 194.38 | 58.7 % |
Operating Income | 88.12 | 159.13 | 80.6 % |
Net Income | 76.94 | 128.29 | 66.7 % |
Average Shares | 90.00 | 90.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.85 | 1.43 | 66.7 % |
EPS (Riyal) | 0.85 | 1.43 | 66.7 % |
AMAK attributed the profit increase for the six-month period, compared to the same period last year, to higher revenue driven by increased sales volumes of zinc and gold, along with higher prices for copper, zinc, and gold.
It also cited a decline in selling and marketing expenses as a contributing factor. This came despite lower copper sales volumes and a rise in general and administrative expenses, taxes, and royalty fees.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 203.31 | 258.56 | 27.2 % |
Gross Income | 87.45 | 110.43 | 26.3 % |
Operating Income | 70.25 | 91.02 | 29.6 % |
Net Income | 61.82 | 73.05 | 18.2 % |
Average Shares | 90.00 | 90.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.69 | 0.81 | 18.2 % |
EPS (Riyal) | 0.69 | 0.81 | 18.2 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 219.77 | 258.56 | 17.7 % |
Gross Income | 83.95 | 110.43 | 31.5 % |
Operating Income | 68.12 | 91.02 | 33.6 % |
Net Income | 55.24 | 73.05 | 32.2 % |
Average Shares | 90.00 | 90.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.61 | 0.81 | 32.2 % |
EPS (Riyal) | 0.61 | 0.81 | 32.2 % |
Q2 2025 net profit soared 18% to SAR 73 million from SAR 61.8 million in Q2 2024.
Sequentially, Q2 net profit surged 32.2% from SAR 55.24 million in Q1 2025.
Shareholders’ equity, no minority interest, stood at SAR 1.28 billion at the end of June 2025, compared to SAR 1.24 billion a year ago.
Company | Estimated | Actual | Change |
---|---|---|---|
AMERICANA | 204.33 | 224.37 | 8.9 % |
NAHDI | 228.67 | 238.40 | 4.1 % |
LEEJAM SPORTS | 66.26 | 72.00 | 8.0 % |
AMAK | 74.00 | 73.05 | (1.3 %) |
ARABIAN DRILLING | 42.01 | 7.00 | (500.1 %) |
RASAN | 32.00 | 45.00 | 28.9 % |
MOUWASAT | 181.55 | 186.97 | 2.9 % |
CITY CEMENT | 41.83 | 36.38 | (15.0 %) |
ALMAJED OUD | 52.80 | 24.33 | (117.0 %) |
SAUDI KAYAN | (641.24) | (496.35) | 29.2 % |
Company | Estimated | Actual | Change |
---|---|---|---|
AMERICANA | 204.33 | 224.37 | 8.9 % |
NAHDI | 228.67 | 238.40 | 4.1 % |
LEEJAM SPORTS | 66.26 | 67.69 | 2.1 % |
AMAK | 74.00 | 73.05 | (1.3 %) |
ARABIAN DRILLING | 42.01 | 7.00 | (500.1 %) |
RASAN | 32.00 | 45.00 | 28.9 % |
MOUWASAT | 181.55 | 186.97 | 2.9 % |
CITY CEMENT | 41.83 | 36.38 | (15.0 %) |
ALMAJED OUD | 52.80 | 24.33 | (117.0 %) |
SAUDI KAYAN | (641.24) | (496.35) | 29.2 % |
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: