Leaf Global Environmental Services Co. reported a profit decline to SAR 6.1 million in the first half of 2025, compared to SAR 10.8 million in the year-earlier period.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 25.19 | 23.61 | (6.3 %) |
Net Income | 10.84 | 6.08 | (43.9 %) |
Average Shares | 5.00 | 5.00 | - |
Earnings Per Share before unusual items (Riyal) | 1.60 | 1.22 | (23.9 %) |
EPS (Riyal) | 2.17 | 1.22 | (43.9 %) |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 21.40 | 23.61 | 10.4 % |
Net Income | 4.64 | 6.08 | 30.9 % |
Average Shares | 5.00 | 5.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.93 | 1.22 | 30.9 % |
EPS (Riyal) | 0.93 | 1.22 | 30.9 % |
Revenue fell 6.26% year-on-year (YoY) as certain projects that were to start in the first half were rescheduled to begin in H2 2025.
Other income declined YoY as H1 2024 had included bad debt recovery of approximately SAR 5.7 million.
However, operating income increased from 22.17% to 26.79% in H1 2025, indicating improved operational efficiency.
Sequentially, net profit grew 30.9% from SAR 4.64 million in H2 2024.
Shareholders’ equity, no minority interest, stood at SAR 37.07 million as of June 30, 2025, compared to SAR 35.93 million a year earlier.
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