Shalfa Facilities Management Co. reported a net profit of SAR 7.9 million in H1 2025, compared to SAR 5.1 million a year earlier.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 151.69 | 176.37 | 16.3 % |
Gross Income | 18.57 | 25.49 | 37.3 % |
Operating Income | 9.35 | 13.37 | 43.0 % |
Net Income | 5.12 | 7.94 | 55.1 % |
Average Shares | 4.20 | 4.20 | - |
Earnings Per Share before unusual items (Riyal) | 1.22 | 1.89 | 55.1 % |
EPS (Riyal) | 1.22 | 1.89 | 55.1 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 168.33 | 176.37 | 4.8 % |
Gross Income | 26.46 | 25.49 | (3.7 %) |
Operating Income | 15.18 | 13.37 | (11.9 %) |
Net Income | 11.14 | 7.94 | (28.7 %) |
Average Shares | 4.20 | 4.20 | - |
Earnings Per Share before unusual items (Riyal) | 2.06 | 1.89 | (8.1 %) |
EPS (Riyal) | 2.65 | 1.89 | (28.7 %) |
The company attributed the profit growth to a 16.3% rise in revenues, mainly driven by the commencement of new projects in the facilities management services segment.
Net income fell 28.7% in H1 2025 from SAR 11.14 million in H2 2024.
Total shareholders' equity, no minority interest, reached SAR 95.34 million at the end of H1 2025, compared with SAR 71.39 million a year earlier.
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