Al-Fakhera for Men's Tailoring Co. posted a SAR 4.7 million net profit for H1 2025, a decline of 45% from SAR 8.5 million a year ago.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 54.53 | 60.42 | 10.8 % |
Net Income | 8.54 | 4.68 | (45.3 %) |
Average Shares | 30.00 | 36.00 | 20.0 % |
Earnings Per Share before unusual items (Riyal) | 0.28 | 0.13 | (54.4 %) |
EPS (Riyal) | 0.28 | 0.13 | (54.4 %) |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 59.02 | 60.42 | 2.4 % |
Net Income | 6.22 | 4.68 | (24.8 %) |
Average Shares | 36.00 | 36.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.17 | 0.13 | (24.8 %) |
EPS (Riyal) | 0.17 | 0.13 | (24.8 %) |
The profit decline was attributed to increased operating expenses related to new branch openings, coupled with higher marketing and selling expenses under the company’s marketing plan for its new products.
This came despite the six-month rise in revenues, driven by Al-Fakhera’s expansion and growth strategy alongside its elevated market share.
Shareholders' equity, no minority interest, rose to SAR 81.2 million by the end of H1 2025, compared to SAR 46.3 million in the same period a year earlier.
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