Munawla Cargo Co. logged a 26% earnings drop to SAR 3.4 million in 2025, compared to SAR 4.5 million in the year before.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 58.24 | 54.85 | (5.8 %) |
| Gross Income | 19.15 | 19.39 | 1.2 % |
| Operating Income | 6.93 | 5.43 | (21.6 %) |
| Net Income | 4.54 | 3.37 | (25.8 %) |
| Average Shares | 3.00 | 3.00 | - |
| Earnings Per Share before unusual items (Riyals) | 1.51 | 1.12 | (25.8 %) |
| EPS (Riyal) | 1.51 | 1.12 | (25.8 %) |
The annual profit decline was attributed to lower revenue compared to 2024, as a result of a downturn in volume of operations amid higher shipping costs and increased competition.
In H2 2025, the company turned to a net loss of SAR 196,000, versus SAR 600,000 in net earnings in H2 2024.
Munawla had recorded a SAR 3.56 million bottom-line in H1 2025.
Shareholders’ equity, no minority interest, stood at SAR 32.86 million as of Dec. 31, 2025, inching down from SAR 33.15 million a year earlier.
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