Dkhoun National Trading Co. reported a 36% profit decline to SAR 3.8 million in H1 2025, from SAR 6 million a year earlier.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 36.74 | 38.84 | 5.7 % |
Net Income | 6.00 | 3.82 | (36.3 %) |
Average Shares | 2.00 | 2.00 | - |
Earnings Per Share before unusual items (Riyal) | 3.00 | 1.91 | (36.3 %) |
EPS (Riyal) | 3.00 | 1.91 | (36.3 %) |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 38.41 | 38.84 | 1.1 % |
Net Income | 8.28 | 3.82 | (53.9 %) |
Average Shares | 2.00 | 2.00 | - |
Earnings Per Share before unusual items (Riyal) | 4.14 | 1.91 | (53.9 %) |
EPS (Riyal) | 4.14 | 1.91 | (53.9 %) |
The profit drop was attributed to a decrease in gross profit margins resulting from promotional campaigns. The increase in operating expenses related to the opening of new branches, which have not yet reached maturity or generated full operational returns, also squeezed the six-month net profit.
On the upside, the first-half sales grew during the period, driven by effective marketing campaigns, geographic expansion through new branch openings, and a diversified product portfolio tailored to market demands and aimed at enhancing brand appeal.
Sequentially, net profit dipped 53.9% from SAR 8.28 million in H2 2024.
Total shareholders’ equity (no minority interest) reached SAR 60.6 million by June 30, 2025, compared to SAR 48.5 million in the corresponding period of the year before.
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