Jamjoom Pharmaceuticals Factory Co. (Jamjoom Pharma) posted a net profit of SAR 157 million in Q1 2025, a 53% increase from SAR 103 million a year earlier.
Item | Q1 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 385.46 | 457.53 | 18.7 % |
Gross Income | 249.40 | 292.85 | 17.4 % |
Operating Income | 126.58 | 156.96 | 24.0 % |
Net Income | 102.97 | 157.03 | 52.5 % |
Average Shares | 70.00 | 70.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.47 | 2.24 | 52.5 % |
EPS (Riyal) | 1.47 | 2.24 | 52.5 % |
Item | Q4 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 259.70 | 457.53 | 76.2 % |
Gross Income | 158.51 | 292.85 | 84.7 % |
Operating Income | 54.18 | 156.96 | 189.7 % |
Net Income | 51.61 | 157.03 | 204.3 % |
Average Shares | 70.00 | 70.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.74 | 2.24 | 204.3 % |
EPS (Riyal) | 0.74 | 2.24 | 204.3 % |
The positive performance is driven by an 18.7% increase in revenue, supported by strong performance across key therapeutic areas – notably ophthalmology, dermatology and general medicine – and key geographies including Saudi Arabia and other GCC states in addition to Iraq.
Jamjoom Pharma also noted operational efficiencies achieved through an effective strategy to optimize profitability and control operating costs. Additionally, earnings were supported by a profit contribution from the joint venture in Algeria and significantly lower finance costs as compared to Q1 2024, which was weighed down by depreciation in the Egyptian pound (EGP).
Sequentially, net profit jumped 204.3% from SAR 51.6 million in Q4 2024.
Shareholders’ equity, no minority interest, stood at SAR 1.54 billion as of March 31, 2025, compared to SAR 1.46 billion a year earlier.
Attached Documents
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: