Sahat Almajd Trading Co., which is in the process of listing on the Nomu-Parallel Market, posted a net profit of SAR 8.3 million in H1 2025, growing 2% year-on-year (YoY) compared to SAR 8.2 million.
Item | H1 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 76.36 | 99.76 | 30.6 % |
Gross Income | 26.19 | 40.60 | 55.0 % |
Operating Income | 9.16 | 7.72 | (15.7 %) |
Net Income | 8.16 | 8.31 | 1.9 % |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Halala) | 23.30 | 23.75 | 1.9 % |
EPS (Halala) | 23.30 | 23.75 | 1.9 % |
Item | H2 2024 | H1 2025 | Change |
---|---|---|---|
Revenues | 89.65 | 99.76 | 11.3 % |
Gross Income | 39.11 | 40.60 | 3.8 % |
Operating Income | 12.96 | 7.72 | (40.5 %) |
Net Income | 11.90 | 8.31 | (30.1 %) |
Average Shares | 35.00 | 35.00 | - |
Earnings Per Share before unusual items (Halala) | 34.00 | 23.75 | (30.1 %) |
EPS (Halala) | 34.00 | 23.75 | (30.1 %) |
The profit increase was driven by a 31% rise in revenues to SAR 99.8 million, as well as a higher gross profit margin of 41%, and recording SAR 1.7 million other revenues in H1 2025.
The company’s EBITDA stabilized at SAR 13.6 million during H1 2025.
Meanwhile, operating profit margin fell to 8%, from 12% in the same period a year ago, due to higher administrative and marketing expenses of SAR 34 million in H1 2025.
Total shareholders equity, no minority interest, stood at SAR 72.719 million as on June 30, 2025, compared to SAR 64.85 million a year earlier.
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