Amlak International Finance Co. reported a net profit of SAR 32.3 million in the first half of 2025, a surge of 92% from SAR 16.8 million in the year-earlier period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Net income from finance commissions | 107.10 | 164.24 | 53.4 % |
Net Income | 16.84 | 32.31 | 91.8 % |
Average Shares | 101.93 | 101.93 | - |
Earnings Per Share before unusual items (Riyals) | 0.17 | 0.32 | 91.8 % |
EPS (Riyal) | 0.17 | 0.32 | 91.8 % |
The profit growth during the six-month period was backed by a 35.93% rise in total income from the special commission on financing, which reached SAR 277.51 million, compared to SAR 204.16 million in H1 2024.
This was driven by a 9.56% growth in the company’s loan and credit portfolio, as well as an improvement in the return on that portfolio during the period.
This was partially offset by an increase in financing costs (FCs), operating expenses (OpEx), and net expected credit loss provisions, due to the growth in the loan and credit portfolio and the enhancement of assumptions in the expected credit loss model and estimation methodology.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Net income from finance commissions | 56.14 | 82.82 | 47.5 % |
Net Income | 8.23 | 20.39 | 147.7 % |
Average Shares | 101.93 | 101.93 | - |
Earnings Per Share before unusual items (Riyal) | 0.08 | 0.20 | 147.7 % |
EPS (Riyal) | 0.08 | 0.20 | 147.7 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Net income from finance commissions | 81.42 | 82.82 | 1.7 % |
Net Income | 11.92 | 20.39 | 71.1 % |
Average Shares | 101.93 | 101.93 | - |
Earnings Per Share before unusual items (Riyal) | 0.12 | 0.20 | 71.1 % |
EPS (Riyal) | 0.12 | 0.20 | 71.1 % |
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