Hawyia Auctions Co. generated a net profit of SAR 17.2 million in the first half of 2025, a rise of 10% from SAR 15.7 million in the year-earlier period.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 39.02 | 49.79 | 27.6 % |
Gross Income | 17.36 | 18.72 | 7.8 % |
Operating Income | 15.86 | 17.12 | 7.9 % |
Net Income | 15.71 | 17.25 | 9.8 % |
Average Shares | 20.00 | 20.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.79 | 0.86 | 9.8 % |
EPS (Riyal) | 0.79 | 0.86 | 9.8 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 23.58 | 49.79 | 111.1 % |
Gross Income | 10.06 | 18.72 | 86.1 % |
Operating Income | 8.93 | 17.12 | 91.7 % |
Net Income | 9.38 | 17.25 | 83.9 % |
Average Shares | 20.00 | 20.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.47 | 0.86 | 83.9 % |
EPS (Riyal) | 0.47 | 0.86 | 83.9 % |
The six-month profit was backed by a 27.6% year-on-year increase in revenues, primarily due to better income from real estate marketing and auctions.
The company also sealed several deals and entered into new projects.
Hawiya also reported improved operating performance from its core segments, which boosted profitability.
Total shareholders’ equity, no minority interest, rose to SAR 44.29 million as of June 30, 2025, from SAR 27.16 million a year earlier.
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