Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Net income from finance commissions | 251.58 | 321.87 | 27.9 % |
Net Income | 99.18 | 117.61 | 18.6 % |
Average Shares | 25.00 | 25.00 | - |
Earnings Per Share before unusual items (Riyals) | 3.97 | 4.70 | 18.6 % |
EPS (Riyal) | 3.97 | 4.70 | 18.6 % |
The profit rise during the period was attributed to a 30% year-on-year (YoY) growth in the company’s financing portfolio, which led to a 26.9% YoY increase in revenue. This revenue growth was reflected in the gross profit (net income from Shariah-compliant financing contracts), which recorded a 27.9% hike.
On the other hand, operating expenses (OpEx) and provisions for expected credit losses (ECL) increased.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Net income from finance commissions | 130.54 | 168.30 | 28.9 % |
Net Income | 46.82 | 59.80 | 27.7 % |
Average Shares | 25.00 | 25.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.87 | 2.39 | 27.7 % |
EPS (Riyal) | 1.87 | 2.39 | 27.7 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Net income from finance commissions | 153.57 | 168.30 | 9.6 % |
Net Income | 57.81 | 59.80 | 3.4 % |
Average Shares | 25.00 | 25.00 | - |
Earnings Per Share before unusual items (Riyal) | 2.31 | 2.39 | 3.4 % |
EPS (Riyal) | 2.31 | 2.39 | 3.4 % |
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