Marble Design Co. reported a 12% fall in its H1 2025 net profit to SAR 7.7 million, from SAR 8.8 million in the prior-year period.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 26.36 | 22.35 | (15.2 %) |
Gross Income | 16.34 | 14.33 | (12.3 %) |
Operating Income | 9.53 | 8.49 | (10.9 %) |
Net Income | 8.79 | 7.73 | (12.0 %) |
Average Shares | 60.00 | 60.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.15 | 0.13 | (12.0 %) |
EPS (Riyal) | 0.15 | 0.13 | (12.0 %) |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 18.18 | 22.35 | 23.0 % |
Gross Income | 3.35 | 14.33 | 328.4 % |
Operating Income | (2.07) | 8.49 | 510.1 % |
Net Income | (2.32) | 7.73 | 433.1 % |
Average Shares | 60.00 | 60.00 | - |
Earnings Per Share before unusual items (Riyal) | (0.04) | 0.13 | 433.1 % |
EPS (Riyal) | (0.04) | 0.13 | 433.1 % |
The marble manufacturer attributed the annual profit decline to lower revenues from core activities by 15.18% on weak demand.
Compared to H2 2024, however, Marble Design turned to profits from losses of SAR 2.32 million.
Shareholders’ equity, no minority interest, stood at SAR 92.98 million as of June 30, 2025, down from SAR 97.70 million a year earlier.
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