Middle East Pharmaceutical Industries Co. (Avalon Pharma) posted a net profit of SAR 97 million for 2025, a rise of 21% from SAR 79.9 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 394.00 | 460.48 | 16.9 % |
| Gross Income | 243.36 | 286.84 | 17.9 % |
| Operating Income | 91.03 | 108.41 | 19.1 % |
| Net Income | 79.85 | 97.01 | 21.5 % |
| Average Shares | 20.00 | 20.00 | - |
| Earnings Per Share before unusual items (Riyals) | 3.99 | 4.85 | 21.5 % |
| EPS (Riyal) | 3.99 | 4.85 | 21.5 % |
The profit growth was attributed to a 16.87% increase in revenue to SAR 460.48 million compared to the previous year, driven by higher sales through pharmacies and modern trade channels, supported by continued expansion in government tenders and exports, improved channel mix, disciplined execution, and active portfolio management.
Private sector revenues rose 15.56% year-on-year (YoY) to SAR 310 million (67% of total sales), backed by strategic agreements with major pharmacy chains and hospitals, while institutional (government) revenues rose 23.45% YoY to SAR 93 million (20% of total sales) mainly due to winning government tenders.
International (export) revenues climbed 13.98% YoY to SAR 57 million (13% of total sales), reflecting ongoing expansion in markets including Iraq, Libya, and Oman.
Growth was further supported by strong performance across key therapeutic categories, with pain management up 80% YoY, cardiometabolic treatments up 28%, respiratory products up 16%, and dermatology up 12%.
Gross profit margin improved on the back of a better product mix, economies of scale from higher production activity. Gross profit rose on improved margins and lower expenses.
This was partially offset by higher selling, distribution, and general and administrative expenses, largely due to continued investments in sales and marketing activities, talent acquisition and development, and other growth-supporting initiatives.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 135.99 | 137.51 | 1.1 % |
| Gross Income | 89.15 | 90.47 | 1.5 % |
| Operating Income | 47.49 | 46.83 | (1.4 %) |
| Net Income | 44.81 | 44.52 | (0.6 %) |
| Average Shares | 20.00 | 20.00 | - |
| Earnings Per Share before unusual items (Riyal) | 2.24 | 2.23 | (0.6 %) |
| EPS (Riyal) | 2.24 | 2.23 | (0.6 %) |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 107.95 | 137.51 | 27.4 % |
| Gross Income | 62.47 | 90.47 | 44.8 % |
| Operating Income | 10.87 | 46.83 | 331.0 % |
| Net Income | 8.28 | 44.52 | 437.8 % |
| Average Shares | 20.00 | 20.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.41 | 2.23 | 437.8 % |
| EPS (Riyal) | 0.41 | 2.23 | 437.8 % |
The company's Q4 2025 net profit inched down 0.6% to SAR 44.52 million, compared to SAR 44.81 million a year earlier.
Sequentially, net earnings soared 437.8% from SAR 8.28 million in Q3 2025.
Shareholders' equity, excluding minority interest, rose to SAR 416.24 million as of Dec. 31, 2025, compared to SAR 368.21 million in the prior-year period.
Attached Documents
| Company | Estimated | Actual | Change |
|---|---|---|---|
| DALLAH HEALTH | 131.87 | 116.55 | |
| FAKEEH CARE | 57.20 | 64.21 | |
| AVALON PHARMA | 45.97 | 44.52 | |
| YCC | 30.40 | 24.57 | |
| SABIC | (17434.05) | (20940.00) | |
| SACO | 9.80 | (3.93) | |
| SAUDI ENERGY | (3760.00) | (894.00) | |
| TAIBA | 87.80 | 66.00 | |
| TADAWUL GROUP | 65.87 | 96.19 | |
| AMAK | 103.50 | 70.94 |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| DALLAH HEALTH | 131.87 | 145.55 | |
| FAKEEH CARE | 57.20 | 64.21 | |
| AVALON PHARMA | 45.97 | 44.52 | |
| YCC | 30.40 | 24.57 | |
| SABIC | (17434.05) | (5740.00) | |
| SACO | 9.80 | 12.23 | |
| SAUDI ENERGY | (3760.00) | (894.00) | |
| TAIBA | 87.80 | 66.00 | |
| TADAWUL GROUP | 65.87 | 96.19 | |
| AMAK | 103.50 | 70.94 |
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