Arabica Star Co., which operates in the establishment and management of beverage outlets (coffee shops), reported a loss of SAR 843,000 for H1 2025, against a profit of SAR 1.7 million in the same period of 2024.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 28.03 | 24.39 | (13.0 %) |
Gross Income | 6.61 | 3.91 | (40.9 %) |
Operating Income | 2.79 | (0.04) | (101.6 %) |
Net Income | 1.71 | (0.84) | (149.4 %) |
Average Shares | 1.10 | 1.38 | 25.0 % |
Earnings Per Share before unusual items (Riyal) | 1.55 | (0.61) | (139.5 %) |
EPS (Riyal) | 1.55 | (0.61) | (139.5 %) |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 26.16 | 24.39 | (6.8 %) |
Gross Income | 7.50 | 3.91 | (47.9 %) |
Operating Income | 3.50 | (0.04) | (101.2 %) |
Net Income | 2.66 | (0.84) | (131.7 %) |
Average Shares | 1.38 | 1.38 | - |
Earnings Per Share before unusual items (Riyal) | 1.93 | (0.61) | (131.7 %) |
EPS (Riyal) | 1.93 | (0.61) | (131.7 %) |
Arabica Star ascribed the losses for the current period to a 13% year-on-year (YoY) decline in sales due to increased competition and a shift in consumer behavior.
Arabica Star closed some high-performing branches due to maintenance work at the stations where they are located.
The company turned to a net loss in H1 2025 from a profit of SAR 2.66 million in H2 2024.
Additional info.:
Shareholders’ equity (no minority interest) amounted to SAR 38.4 million in H1 2025, compared to SAR 21.8 million in H1 2024.
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