Financial Results : Mufeed H1 2025 profit slumps to SAR 16.3M

Mufeed H1 2025 profit slumps to SAR 16.3M

01/09/2025 Argaam Exclusive

View other reports

Mufeed Co. reported a net profit of SAR 16.3 million in H1 2025, falling by 10.7% from SAR 18.3 million in H1 2024, dragged by a sharp drop in exceptional and non-recurring gains.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 76.62 78.08 1.9 %
Net Income 18.27 16.32 (10.7 %)
Average Shares 6.00 6.60 10.0 %
Earnings Per Share before unusual items (Riyal) 2.46 2.47 0.7 %
EPS (Riyal) 3.05 2.47 (18.8 %)

General and administrative expenses rose during the six-month period, although operating performance continued to improve on higher revenue.

 

Total profit increased 9% year-on-year (YoY) to SAR 31.6 million, while operating profit edged up 3% to SAR 16.9 million from SAR 16.5 million in H1 2024.

 

Financing costs fell to SAR 578,000 from SAR 1.5 million a year earlier on reduced borrowings.

 

On a semi-annual basis, net earnings remained unchanged at SAR 16.32 million.

 

Total shareholders’ equity, with no minority interest, stood at SAR 146.23 million by June 30, 2025, compared to SAR 102.75 million a year earlier.

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.