Lamasat Co. posted a net profit of SAR 18.9 million in the first half of 2025, up 10% from SAR 17.2 million a year earlier.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 69.86 | 74.55 | 6.7 % |
Gross Income | 20.37 | 23.46 | 15.1 % |
Operating Income | 15.98 | 18.31 | 14.6 % |
Net Income | 17.19 | 18.93 | 10.1 % |
Average Shares | 75.00 | 81.00 | 8.0 % |
Earnings Per Share before unusual items (Riyal) | 0.23 | 0.23 | 2.0 % |
EPS (Riyal) | 0.23 | 0.23 | 2.0 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 67.61 | 74.55 | 10.3 % |
Gross Income | 16.08 | 23.46 | 45.9 % |
Operating Income | 13.97 | 18.31 | 31.0 % |
Net Income | 14.22 | 18.93 | 33.1 % |
Average Shares | 75.00 | 81.00 | 8.0 % |
Earnings Per Share before unusual items (Riyal) | 0.19 | 0.23 | 23.3 % |
EPS (Riyal) | 0.19 | 0.23 | 23.3 % |
The higher earnings were supported mainly by a SAR 4.68 million rise in revenues, due to an increase in the promotional activities. This was in addition to more advertising and publicity for its services, which increased to 35,000 valued at SAR 4.68 million compared to a year earlier.
Shareholders’ equity, no minority interest, jumped to SAR 168.3 million by the end of the six-month period, compared to SAR 110.8 million a year earlier.
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