Financial Results : Osool & Bakheet swings to loss of SAR 49.8M in H1 2025

Osool & Bakheet swings to loss of SAR 49.8M in H1 2025

01/09/2025 Argaam Exclusive

View other reports

Osool & Bakheet Investment Co. sustained a net loss of SAR 49.8 million in the first half of 2025, against a net profit of SAR 11.9 million in the prior-year period.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 22.16 (22.14) (199.9 %)
Operating Income 11.87 (50.55) (526.1 %)
Net Income 11.95 (50.76) (524.8 %)
Average Shares 8.10 8.10 -
Earnings Per Share before unusual items (Riyal) 1.48 (6.27) (524.8 %)
EPS (Riyal) 1.48 (6.27) (524.8 %)

The losses were attributed to a decline in revenues as the company incurred unrealized losses of SAR 31.77 million from investments at fair value through profit/loss in the first half, against earnings of SAR 9.46 million in H1 2024.

 

The company also reported SAR 4.25 million in provisions for expected credit losses, as part of its sound risk management policy. Additionally, general and administrative expenses increased by SAR 1.29 million.

 

On the other hand, custody and operations management fees rose to SAR 1.07 million in H1 2025, compared to SAR 0.84 million for H1 2024.

 

Brokerage income increased to SAR 0.21 million in H1 2025, compared to SAR 0.13 million for the corresponding period of 2024.

 

New revenues from network and information systems management and monitoring services (through the subsidiary) amounted to SAR 0.79 million during the current period.

 

Total shareholders’ equity (no minority interest) reached SAR 182.96 million as of June 30, 2025, up from SAR 212.06 million a year earlier.

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.