Financial Results : WAJA’s profit slumps 80% to SAR 1.5M in H1 2025

WAJA’s profit slumps 80% to SAR 1.5M in H1 2025

10/08/2025 Argaam Exclusive

View other reports

WAJA Co.’s net profit amounted to SAR 1.5 million in H1 2025, plunging by 80% from SAR 7.4 million in the same period a year earlier.

The annual profit drop was mainly attributed to a SAR 46.16 million (47.45%) revenue decline, compared to H1 2024. This was due to a fall in awarded contracts and a weaker backlog of outstanding projects.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 97.29 51.13 (47.4 %)
Gross Income 14.16 12.89 (9.0 %)
Operating Income 9.33 4.34 (53.5 %)
Net Income 7.44 1.49 (80.0 %)
Average Shares 70.00 70.00 -
Earnings Per Share before unusual items (Halala) 10.63 2.12 (80.0 %)
EPS (Halala) 10.63 2.12 (80.0 %)

Compared to H2 2024, WAJA turned to profits from a SAR 1.75 million loss.

 

Total shareholders’ equity, no minority interest, amounted to SAR 102.64 million by the end of the first six months of this year, slightly down from SAR 102.69 million in H1 2024.

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.