Financial Results : Nofoth profit rises 21% to SAR 32.7M in H1 2025

Nofoth profit rises 21% to SAR 32.7M in H1 2025

04/08/2025 Argaam Exclusive

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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.



Current Half Annual Comparison (M)

Compared With The
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 %

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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