Financial Results : ITMAM profit falls 3% to SAR 6.4M in H1 2025

ITMAM profit falls 3% to SAR 6.4M in H1 2025

13/08/2025 Argaam Exclusive

View other reports

ITMAM Consulting Co. reported a net profit of SAR 6.4 million in H1 2025, down from SAR 6.7 million a year earlier.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 27.72 32.94 18.9 %
Gross Income 13.07 12.73 (2.6 %)
Operating Income 8.62 7.70 (10.6 %)
Net Income 6.65 6.45 (3.1 %)
Average Shares 20.00 21.00 5.0 %
Earnings Per Share before unusual items (Riyal) 0.33 0.31 (7.7 %)
EPS (Riyal) 0.33 0.31 (7.7 %)

The profit decline is attributed to higher cost of revenue for certain projects, resulting from increased estimated costs for several key projects and a decline in their profit margins.

 

In addition, the company recorded an increase in general and administrative expenses during the current period, these expenses include non-recurring costs related to the company’s share offering and listing on the capital market.

 

On the other hand, revenues increased during year-on-year due to higher recognized earnings from projects, in addition to the execution and delivery of several short-term projects.

 

Compared with H2 2024, net earnings fell 52.8% from SAR 13.65 million.

 

Shareholders’ equity, with no minority interest, stood at SAR 89.79 million at the end of H1 2025, from SAR 55.31 million a year before.

View More Financial Results

 

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.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.