Al Hammadi Holding Co. reported a net profit of SAR 135.9 million in H1 2025, a decline of 25% year-on-year (YoY) from SAR 181.9 million.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 540.50 | 600.12 | 11.0 % |
Gross Income | 176.80 | 189.50 | 7.2 % |
Operating Income | 134.09 | 128.23 | (4.4 %) |
Net Income | 181.91 | 135.89 | (25.3 %) |
Average Shares | 160.00 | 160.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.79 | 0.85 | 7.3 % |
EPS (Riyal) | 1.14 | 0.85 | (25.3 %) |
The profit retreat during the current period was attributed to recognition of expected credit loss provisions amounting to SAR 10.91 million during Q2 2025, due to delays in collecting certain receivables.
H1 2024 included one-off gains of SAR 55.27 million in Q2 2024, resulting from the sale of a vacant land plot in Al-Rayyan district in Riyadh.
This was despite an 11% YoY increase in revenue to SAR 600.12 million from medical services and pharmaceutical products segments.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 263.46 | 298.24 | 13.2 % |
Gross Income | 85.74 | 92.99 | 8.5 % |
Operating Income | 65.93 | 57.46 | (12.8 %) |
Net Income | 117.87 | 61.96 | (47.4 %) |
Average Shares | 160.00 | 160.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.39 | 0.39 | (1.0 %) |
EPS (Riyal) | 0.74 | 0.39 | (47.4 %) |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 301.88 | 298.24 | (1.2 %) |
Gross Income | 96.51 | 92.99 | (3.6 %) |
Operating Income | 70.77 | 57.46 | (18.8 %) |
Net Income | 73.93 | 61.96 | (16.2 %) |
Average Shares | 160.00 | 160.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.46 | 0.39 | (16.2 %) |
EPS (Riyal) | 0.46 | 0.39 | (16.2 %) |
In Q2 2025, the company’s bottom line dropped by 47.4% YoY to SAR 61.96 million.
On a quarterly basis, net income fell 16.2% from SAR 73.93 million in Q1 2025.
Total shareholders’ equity, no minority interest, grew to SAR 1.98 billion by the end of June 30, 2025, from SAR 1.91 billion in the year-earlier period.
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