Umm Al-Qura for Development and Construction Co. (Masar) posted net earnings of SAR 912.9 million for the first nine months of 2025, compared with SAR 309.1 million a year earlier.
| Item | 9m 2024 | 9m 2025 | Change | 
|---|---|---|---|
| Revenues | 1,027.43 | 2,436.99 | 137.2 % | 
| Gross Income | 481.82 | 1,124.14 | 133.3 % | 
| Operating Income | 362.92 | 964.96 | 165.9 % | 
| Net Income | 309.06 | 912.90 | 195.4 % | 
| Average Shares | 1,307.86 | 1,404.00 | 7.4 % | 
| Earnings Per Share before unusual items (Riyals) | 0.24 | 0.65 | 175.2 % | 
| EPS (Riyal) | 0.24 | 0.65 | 175.2 % | 
Revenues jumped 137% year-on-year (YoY) on improved land sales.
| Item | Q3 2024 | Q3 2025 | Change | 
|---|---|---|---|
| Revenues | 266.68 | 1,265.82 | 374.7 % | 
| Gross Income | 155.57 | 569.41 | 266.0 % | 
| Operating Income | 123.83 | 540.27 | 336.3 % | 
| Net Income | 116.90 | 516.57 | 341.9 % | 
| Average Shares | 1,307.86 | 1,404.00 | 7.4 % | 
| Earnings Per Share before unusual items (Riyal) | 0.09 | 0.37 | 311.6 % | 
| EPS (Riyal) | 0.09 | 0.37 | 311.6 % | 
| Item | Q2 2025 | Q3 2025 | Change | 
|---|---|---|---|
| Revenues | 669.18 | 1,265.82 | 89.2 % | 
| Gross Income | 323.31 | 569.41 | 76.1 % | 
| Operating Income | 248.93 | 540.27 | 117.0 % | 
| Net Income | 236.68 | 516.57 | 118.3 % | 
| Average Shares | 1,404.00 | 1,404.00 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.17 | 0.37 | 118.3 % | 
| EPS (Riyal) | 0.17 | 0.37 | 118.3 % | 
The developer reported a net profit of SAR 516.6 million in Q3 2025, from SAR 116.9 million in Q3 2024.
The third-quarter net earnings grew 118.3% from SAR 236.68 million in Q2 2025.
Total shareholders' equity, no minority interest, reached SAR 15.79 billion by the end of Q3 2025, compared with SAR 12.78 billion a year earlier.
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