Nofoth Food Products Co. posted a net profit rise of 21% to SAR 32.7 million in the first half of 2025, compared to SAR 27.1 million in the year-earlier period.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 179.32 | 219.79 | 22.6 % |
Gross Income | 110.54 | 138.93 | 25.7 % |
Operating Income | 26.32 | 32.64 | 24.0 % |
Net Income | 27.14 | 32.70 | 20.5 % |
Average Shares | 96.00 | 96.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.28 | 0.34 | 20.5 % |
EPS (Riyal) | 0.28 | 0.34 | 20.5 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 185.74 | 219.79 | 18.3 % |
Gross Income | 115.77 | 138.93 | 20.0 % |
Operating Income | 23.69 | 32.64 | 37.8 % |
Net Income | 24.50 | 32.70 | 33.5 % |
Average Shares | 96.00 | 96.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.26 | 0.34 | 33.5 % |
EPS (Riyal) | 0.26 | 0.34 | 33.5 % |
The company cited a 22.57% year-on-year (YoY) increase in revenues, thanks to the expansion in selling channels, the launch of new brands, development of outstanding products, which boosted demand and revenues.
Compared to H2 2024, net earnings jumped 33.5% from SAR 24.5 million.
Total shareholders’ equity, no minority interest, reached SAR 162.11 million as of June 30, 2025, up from SAR 117.98 million a year earlier.
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