Marketing Home Group for Trading Co. (Build Station), which is preparing to list on TASI, posted a net profit of SAR 28.9 million for the first half of 2025, up 21% year-on-year (YoY) from SAR 23.8 million.
| Item | 6m 2024 | 6m 2025 | Change |
|---|---|---|---|
| Revenues | 189.09 | 192.84 | 2.0 % |
| Gross Income | 102.96 | 106.77 | 3.7 % |
| Operating Income | 29.50 | 36.34 | 23.2 % |
| Net Income | 23.83 | 28.88 | 21.2 % |
| Average Shares | 16.00 | 16.00 | - |
| Earnings Per Share before unusual items (Riyals) | 1.49 | 1.81 | 21.2 % |
| EPS (Riyal) | 1.49 | 1.81 | 21.2 % |
The profit growth was supported by a 2% YoY increase in revenue, driven by higher sales in the ceramics and sanitaryware segment, an improved gross profit margin from 54% to 55%, and a rise in operating margin from 16% in H1 2024 to 19% in H1 2025.
In Q2 2025, net profit surged 543.5% to SAR 16.2 million from SAR 2.5 million a year earlier. Quarter-on-quarter, profit rose 25.9% from SAR 12.79 million.
| Item | Q2 2024 | Q2 2025 | Change |
|---|---|---|---|
| Revenues | 84.23 | 105.12 | 24.8 % |
| Gross Income | 43.32 | 55.78 | 28.8 % |
| Operating Income | 4.77 | 20.56 | 330.7 % |
| Net Income | 2.50 | 16.10 | 543.5 % |
| Average Shares | 16.00 | 16.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.16 | 1.01 | 543.5 % |
| EPS (Riyal) | 0.16 | 1.01 | 543.5 % |
| Item | Q1 2025 | Q2 2025 | Change |
|---|---|---|---|
| Revenues | 87.72 | 105.12 | 19.8 % |
| Gross Income | 50.99 | 55.78 | 9.4 % |
| Operating Income | 15.79 | 20.56 | 30.2 % |
| Net Income | 12.79 | 16.10 | 25.9 % |
| Average Shares | 16.00 | 16.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.80 | 1.01 | 25.9 % |
| EPS (Riyal) | 0.80 | 1.01 | 25.9 % |
Total shareholders’ equity, after minority interest, amounted to SAR 342.23 million in H1 2025, compared to SAR 281.06 million in the same period a year earlier.
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