View United Real Estate Development Co. reported net profit growth of 2% to SAR 21.6 million in 2025, compared to SAR 21.2 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 92.49 | 95.31 | 3.0 % |
| Gross Income | 29.38 | 24.26 | (17.4 %) |
| Operating Income | 21.05 | 16.61 | (21.1 %) |
| Net Income | 21.21 | 21.57 | 1.7 % |
| Average Shares | 66.00 | 66.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.32 | 0.33 | 1.7 % |
| EPS (Riyal) | 0.32 | 0.33 | 1.7 % |
This was spurred by improved operating performance of its core business. The company cited higher land sale revenue, an increase in returns of Shariah-compliant savings accounts, in addition to gains from the change in the fair value of investment properties, as well as the decrease in general and administrative expenses.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 62.09 | 33.06 | (46.8 %) |
| Gross Income | 21.68 | 8.81 | (59.4 %) |
| Operating Income | 17.44 | 5.81 | (66.7 %) |
| Net Income | 16.91 | 11.60 | (31.4 %) |
| Average Shares | 66.00 | 66.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.26 | 0.18 | (31.4 %) |
| EPS (Riyal) | 0.26 | 0.18 | (31.4 %) |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 62.25 | 33.06 | (46.9 %) |
| Gross Income | 15.46 | 8.81 | (43.0 %) |
| Operating Income | 10.81 | 5.81 | (46.3 %) |
| Net Income | 9.97 | 11.60 | 16.3 % |
| Average Shares | 66.00 | 66.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.15 | 0.18 | 16.3 % |
| EPS (Riyal) | 0.15 | 0.18 | 16.3 % |
H2 2025 net profit declined 31% to SAR 11.6 million, from SAR 16.9 million in H2 2024.
Compared to H1 2025, net profit grew 16.3% from SAR 9.97 million.
Total shareholders’ equity (no minority interest) amounted to SAR 88.97 million as of Dec. 31, 2025, compared to SAR 77.29 million in a year earlier period.
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