Mohammed Hadi Al Rasheed and Partners Co. posted a net profit of SAR 46.9 million for H1 2025, up 30% from SAR 36.1 million reported in the same period a year ago.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 130.63 | 178.59 | 36.7 % |
Net Income | 36.08 | 46.89 | 30.0 % |
Average Shares | 12.00 | 12.00 | - |
Earnings Per Share before unusual items (Riyal) | 3.01 | 3.91 | 30.0 % |
EPS (Riyal) | 3.01 | 3.91 | 30.0 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 176.40 | 178.59 | 1.2 % |
Net Income | 44.67 | 46.89 | 5.0 % |
Average Shares | 12.00 | 12.00 | - |
Earnings Per Share before unusual items (Riyal) | 4.09 | 3.91 | (4.4 %) |
EPS (Riyal) | 3.72 | 3.91 | 5.0 % |
The company attributed profit growth to a 37% year-on-year (YoY) increase in revenues to SAR 178.5 million, driven by a 2,725% surge in revenue from the military industries segment to SAR 32.04 million in H1 2025, as well as a 145% rise in revenue from the asphalt concrete segment to SAR 40.07 million.
Sequentially, the company’s earnings grew 5% compared to SAR 44.76 million in H2 2024.
Total shareholders' equity (no minority interest) amounted to SAR 253.553 million as of H1 2025, compared to SAR 210.192 million in H1 2024.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: