Balady Poultry Trading Co. reported a net profit of SAR 18.1 million in H1 2025, a 75% slump from SAR 71.9 million a year earlier.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 449.63 | 415.25 | (7.6 %) |
Net Income | 71.94 | 18.06 | (74.9 %) |
Average Shares | 6.57 | 6.57 | - |
Earnings Per Share before unusual items (Riyal) | 10.95 | 2.75 | (74.9 %) |
EPS (Riyal) | 10.95 | 2.75 | (74.9 %) |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 437.49 | 415.25 | (5.1 %) |
Net Income | 46.18 | 18.06 | (60.9 %) |
Average Shares | 6.57 | 6.57 | - |
Earnings Per Share before unusual items (Riyal) | 7.03 | 2.75 | (60.9 %) |
EPS (Riyal) | 7.03 | 2.75 | (60.9 %) |
The decline came as sales and revenues fell 7.7% to SAR 415.25 million due to lower selling prices. The company also faced margin pressures across most product lines, along with higher production costs and increased operating expenses.
Sequentially, net profit fell 60.9% from SAR 46.18 million in H2 2024.
Total shareholders’ equity (no minority interest) reached SAR 327 million by June 30, 2025, compared to SAR 275.6 million in the corresponding period of the year before.
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