Financial Results : Clean Life H1 2025 profit down 13% to SAR 6M

Clean Life H1 2025 profit down 13% to SAR 6M

03/08/2025 Argaam Exclusive

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Clean Life Co. reported a net profit of SAR 6 million in the first six months of 2025, down 13% from SAR 6.9 million a year earlier, as revenues rose 52.96% year-on-year.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 30.11 35.22 17.0 %
Gross Income 18.77 21.80 16.1 %
Operating Income 6.46 5.93 (8.2 %)
Net Income 6.85 5.99 (12.6 %)
Average Shares 1.50 1.50 -
Earnings Per Share before unusual items (Riyal) 4.57 3.99 (12.6 %)
EPS (Riyal) 4.57 3.99 (12.6 %)

The company attributed the profit decline to a higher cost of offering new services, as well as a higher cost of applying the company's new identity to the fleet.

 

It also cited a higher cost of promoting the new services, as well as increased costs of technical development for automating processes and customer ordering interfaces.

 

However, revenues increased due to an expansion in offering new services, as well as growth in the number of service delivery units.

 

Total shareholders’ equity, no minority interest, stood at SAR 25.88 million by the end of H1 2025, compared to SAR 24.4 million in the year-earlier period.

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