Foods Gate Trading Co. reported a net profit drop of 21% to SAR 6.8 million in 2025, from SAR 8.7 million in 2024.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 63.89 | 58.29 | (8.8 %) |
| Gross Income | 18.93 | 15.56 | (17.8 %) |
| Operating Income | 9.83 | 7.43 | (24.4 %) |
| Net Income | 8.70 | 6.84 | (21.4 %) |
| Average Shares | 3.15 | 3.15 | - |
| Earnings Per Share before unusual items (Riyals) | 2.76 | 2.17 | (21.4 %) |
| EPS (Riyal) | 2.76 | 2.17 | (21.4 %) |
The profit decline was attributed to a decrease in revenue to SAR 58.29 million, compared to SAR 63.89 million in the previous year, driven by lower sales at the Tokyo Restaurant branch in Veranda Mall, which ultimately led to the permanent closure of the branch.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 32.45 | 28.92 | (10.9 %) |
| Gross Income | 8.91 | 6.16 | (30.8 %) |
| Operating Income | 5.31 | 3.18 | (40.1 %) |
| Net Income | 4.81 | 2.90 | (39.8 %) |
| Average Shares | 3.15 | 3.15 | - |
| Earnings Per Share before unusual items (Riyal) | 1.53 | 0.92 | (39.8 %) |
| EPS (Riyal) | 1.53 | 0.92 | (39.8 %) |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 29.37 | 28.92 | (1.5 %) |
| Gross Income | 9.40 | 6.16 | (34.4 %) |
| Operating Income | 4.25 | 3.18 | (25.2 %) |
| Net Income | 3.95 | 2.90 | (26.6 %) |
| Average Shares | 3.15 | 3.15 | - |
| Earnings Per Share before unusual items (Riyal) | 1.25 | 0.92 | (26.6 %) |
| EPS (Riyal) | 1.25 | 0.92 | (26.6 %) |
H2 2025 earnings dropped 39.8% year-on-year to SAR 2.9 million.
The second-half profit fell 26.6% from SAR 3.95 million in H1 2025.
Total shareholders’ equity, no minority interest, stood at SAR 57.47 million in 2025, compared to SAR 52.69 million a year ago.
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: