Miahona Co. reported a net profit of SAR 73.3 million (excluding minority interests) in the first nine months of 2025, compared to a net profit of SAR 44.1 million (excluding minority interests) in the year-earlier period.
| Item | 9m 2024 | 9m 2025 | Change | 
|---|---|---|---|
| Revenues | 248.08 | 536.87 | 116.4 % | 
| Gross Income | 64.46 | 99.36 | 54.1 % | 
| Operating Income | 44.27 | 71.20 | 60.8 % | 
| Net Income | 44.14 | 73.34 | 66.2 % | 
| Average Shares | 160.93 | 160.93 | - | 
| Earnings Per Share before unusual items (Riyals) | 0.23 | 0.46 | 98.6 % | 
| EPS (Riyal) | 0.27 | 0.46 | 66.2 % | 
The profit rise was attributed to higher construction revenues and increased project development and consultancy services. It was also supported by a rise in gross profit driven by higher overall revenues and an increase in other income.
In Q3 2025, the company’s net profit dropped by 72.4% to SAR 4.6 million, from SAR 16.5 million in Q3 2024.
On a sequential basis, the three-month bottom line fell 37.9% from SAR 7.35 million in Q2 2025.
| Item | Q3 2024 | Q3 2025 | Change | 
|---|---|---|---|
| Revenues | 88.50 | 175.14 | 97.9 % | 
| Gross Income | 20.62 | 16.90 | (18.0 %) | 
| Operating Income | 13.75 | 8.05 | (41.4 %) | 
| Net Income | 16.54 | 4.56 | (72.4 %) | 
| Average Shares | 160.93 | 160.93 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.07 | 0.03 | (57.6 %) | 
| EPS (Riyal) | 0.10 | 0.03 | (72.4 %) | 
| Item | Q2 2025 | Q3 2025 | Change | 
|---|---|---|---|
| Revenues | 186.56 | 175.14 | (6.1 %) | 
| Gross Income | 20.66 | 16.90 | (18.2 %) | 
| Operating Income | 9.94 | 8.05 | (19.0 %) | 
| Net Income | 7.35 | 4.56 | (37.9 %) | 
| Average Shares | 160.93 | 160.93 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.05 | 0.03 | (37.9 %) | 
| EPS (Riyal) | 0.05 | 0.03 | (37.9 %) | 
Shareholders’ equity, excluding minority interest, stood at SAR 469.5 million by the end of 9M 2025, from SAR 423.3 million in the year-ago period.
| Company | Estimated | Actual | Change | 
|---|---|---|---|
| CITY CEMENT | 29.43 | 8.75 | |
| SOLUTIONS | 452.24 | 417.00 | |
| AMAK | 83.00 | 81.37 | |
| ASTRA INDUSTRIAL | 158.25 | 167.44 | |
| MIAHONA | 6.00 | 4.56 | |
| LEEJAM SPORTS | 106.35 | 81.00 | |
| FIRST MILLS | 68.05 | 71.66 | |
| TAIBA | 58.00 | 60.40 | |
| SAUDI KAYAN | (409.28) | (336.25) | |
| ACC | 20.43 | 65.50 | 
| Company | Estimated | Actual | Change | 
|---|---|---|---|
| CITY CEMENT | 29.43 | 8.75 | |
| SOLUTIONS | 452.24 | 417.00 | |
| AMAK | 83.00 | 81.37 | |
| ASTRA INDUSTRIAL | 158.25 | 167.44 | |
| MIAHONA | 6.00 | 4.56 | |
| LEEJAM SPORTS | 106.35 | 81.00 | |
| FIRST MILLS | 68.05 | 71.66 | |
| TAIBA | 58.00 | 60.40 | |
| SAUDI KAYAN | (409.28) | (442.25) | |
| ACC | 20.43 | 65.50 | 
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