Financial Results : Saudi Networkers profit rises 4% to SAR 20.6M in H1 2025

Saudi Networkers profit rises 4% to SAR 20.6M in H1 2025

31/08/2025 Argaam Exclusive

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Saudi Networkers Services Co. (SNS) reported an increase of 4% in H1 2025 net profit to SAR 20.6 million from SAR 19.7 million in the year-ago period.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 282.21 297.25 5.3 %
Gross Income 37.70 40.12 6.4 %
Net Income 19.73 20.60 4.4 %
Average Shares 6.00 6.00 -
Earnings Per Share before unusual items (Riyal) 3.29 3.43 4.4 %
EPS (Riyal) 3.29 3.43 4.4 %

The increase in profit was driven by a 5% rise in revenue, mainly due to higher business activities with existing clients and the addition of new customers. This led to a 6.42% growth in total income.

 

In H1 2025, the company reported an 84% rise in net income from SAR 11.19 million in H2 2024.

 

Total shareholders’ equity, with no minority interest, reached SAR 110.7 million as of June 30, 2025, compared to SAR 105.9 million a year earlier.

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