Financial Results : View 2025 profit up 2% profit at SAR 21.6M in 2025; H2 at SAR 11.6 million

View 2025 profit up 2% profit at SAR 21.6M in 2025; H2 at SAR 11.6 million

11/03/2026 Argaam Exclusive

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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.



Financials (M)

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.



Current Half Annual Comparison (M)

Compared With The
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 %)

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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