Naas Petrol Factory Co. announced a 70% slump in its annual earnings to SAR 2 million in 2025, compared to SAR 6.9 million a year ago.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 76.94 | 74.61 | (3.0 %) |
| Gross Income | 17.94 | 11.37 | (36.6 %) |
| Operating Income | 7.88 | 2.85 | (63.8 %) |
| Net Income | 6.90 | 2.04 | (70.4 %) |
| Average Shares | 3.00 | 3.00 | - |
| Earnings Per Share before unusual items (Riyals) | 2.30 | 0.68 | (70.4 %) |
| EPS (Riyal) | 2.30 | 0.68 | (70.4 %) |
The company cited a SAR 2.3 million (3%) drop in its 2025 revenues, in tandem with a modest decline in sales volume.
Raw materials also widened by year-end.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 36.50 | 35.78 | (1.9 %) |
| Gross Income | 7.74 | 3.93 | (49.2 %) |
| Operating Income | 2.44 | (0.36) | (114.9 %) |
| Net Income | 1.83 | (0.86) | (147.0 %) |
| Average Shares | 3.00 | 3.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.61 | (0.29) | (147.0 %) |
| EPS (Riyal) | 0.61 | (0.29) | (147.0 %) |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Revenues | 38.83 | 35.78 | (7.8 %) |
| Gross Income | 7.44 | 3.93 | (47.2 %) |
| Operating Income | 3.21 | (0.36) | (111.3 %) |
| Net Income | 2.90 | (0.86) | (129.6 %) |
| Average Shares | 3.00 | 3.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.97 | (0.29) | (129.6 %) |
| EPS (Riyal) | 0.97 | (0.29) | (129.6 %) |
In H2 2025, meanwhile, Naas Petrol turned to a net loss of SAR 857,000, versus SAR 1.83 million in net earnings for H2 2024.
The company had posted a SAR 2.9 million bottom-line in H1 2025.
Shareholders’ equity, no minority interest, reached SAR 60.06 million as of December 2025, up from SAR 58.02 million last year.
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