Mohammad Hadi Al Rasheed Co.'s earnings rose to SAR 85 million in 2025, compared to SAR 80.7 million a year earlier.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 307.02 | 347.70 | 13.2 % |
| Gross Income | 108.22 | 118.70 | 9.7 % |
| Operating Income | 88.71 | 90.07 | 1.5 % |
| Net Income | 80.75 | 85.01 | 5.3 % |
| Average Shares | 18.00 | 18.00 | - |
| Earnings Per Share before unusual items (Riyals) | 4.73 | 4.72 | (0.1 %) |
| EPS (Riyal) | 4.49 | 4.72 | 5.3 % |
The annual profit growth was driven by the 13% revenue hike to SAR 347 million for 2025, compared to SAR 307 million in the previous year, thanks to an increased market share and the foray into new markets which align with company's strategy.
The company also cited the continuous enhancement in operating efficiency despite the soaring diesel prices, which lifted logistics and shipments.
In H2 2025, the company’s profits fell by 14.7% to SAR 38.12 million, compared to SAR 44.67 million a year earlier.
Sequentially, the six-month earnings also declined by 18.7% from SAR 46.89 million in H1 2025.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 176.40 | 169.11 | (4.1 %) |
| Gross Income | 59.30 | 59.91 | 1.0 % |
| Operating Income | 50.63 | 42.00 | (17.0 %) |
| Net Income | 44.67 | 38.12 | (14.7 %) |
| Average Shares | 18.00 | 18.00 | - |
| Earnings Per Share before unusual items (Riyal) | 2.72 | 2.12 | (22.3 %) |
| EPS (Riyal) | 2.48 | 2.12 | (14.7 %) |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 178.59 | 169.11 | (5.3 %) |
| Gross Income | 58.79 | 59.91 | 1.9 % |
| Operating Income | 48.07 | 42.00 | (12.6 %) |
| Net Income | 46.89 | 38.12 | (18.7 %) |
| Average Shares | 18.00 | 18.00 | - |
| Earnings Per Share before unusual items (Riyal) | 2.61 | 2.12 | (18.7 %) |
| EPS (Riyal) | 2.61 | 2.12 | (18.7 %) |
Total shareholders' equity, no minority interest, expanded to SAR 291.4 million at the end of 2025, compared with SAR 230.7 million a year earlier.
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