Al Rashid Industrial Co. reported a net profit of SAR 21.5 million in H1 2025, an increase of 23%, compared to SAR 17.5 million in the year-earlier period.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 74.05 | 83.72 | 13.1 % |
Gross Income | 29.10 | 34.02 | 16.9 % |
Operating Income | 17.63 | 21.47 | 21.8 % |
Net Income | 17.47 | 21.47 | 22.9 % |
Average Shares | 8.00 | 8.00 | - |
Earnings Per Share before unusual items (Riyal) | 2.18 | 2.68 | 22.9 % |
EPS (Riyal) | 2.18 | 2.68 | 22.9 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 78.68 | 83.72 | 6.4 % |
Gross Income | 29.35 | 34.02 | 15.9 % |
Operating Income | 15.89 | 21.47 | 35.1 % |
Net Income | 15.24 | 21.47 | 40.9 % |
Average Shares | 8.00 | 8.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.90 | 2.68 | 40.9 % |
EPS (Riyal) | 1.90 | 2.68 | 40.9 % |
Revenues rose by 13.06% to SAR 83.7 million in H1 2025, compared to SAR 74.1 million during H1 2024. This increase is mainly attributable to higher production capacity, which led to higher sales volumes.
The company also noted product diversification and expansion of the customer base through broader coverage across the Kingdom and entry into international markets.
Sequentially, net profit grew 40.9% from SAR 15.24 million in H2 2024.
Total shareholders’ equity, no minority interest, reached SAR 161.28 million by June 30, 2025, compared to SAR 131.53 million a year earlier.
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