Electrical Industries Co.’s (EIC) net profit soared to SAR 629.9 million in 2025, from SAR 401.7 million a year ago.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Revenues | 1,987.07 | 2,296.24 | 15.6 % |
| Gross Income | 665.32 | 860.27 | 29.3 % |
| Operating Income | 455.96 | 674.63 | 48.0 % |
| Net Income | 401.73 | 629.93 | 56.8 % |
| Average Shares | 1,125.00 | 1,125.00 | - |
| Earnings Per Share before unusual items (Halala) | 37.62 | 55.82 | 48.4 % |
| EPS (Halala) | 35.71 | 55.99 | 56.8 % |
Higher year-on-year (YoY) sales were driven by rising demand across all sectors within Saudi Arabia. This increase was particularly notable in high-voltage substations, infrastructure, and a series of new industrial projects, including the oil & gas sector, in addition to higher-profit products and better gross margins. The increase in net profit, however, was offset by rising general and administrative expenses.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 444.25 | 698.17 | 57.2 % |
| Gross Income | 161.60 | 259.90 | 60.8 % |
| Operating Income | 109.69 | 213.60 | 94.7 % |
| Net Income | 104.53 | 208.71 | 99.7 % |
| Average Shares | 1,125.00 | 1,125.00 | - |
| Earnings Per Share before unusual items (Halala) | 8.89 | 18.55 | 108.8 % |
| EPS (Halala) | 9.29 | 18.55 | 99.7 % |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Revenues | 560.02 | 698.17 | 24.7 % |
| Gross Income | 223.53 | 259.90 | 16.3 % |
| Operating Income | 173.07 | 213.60 | 23.4 % |
| Net Income | 161.07 | 208.71 | 29.6 % |
| Average Shares | 1,125.00 | 1,125.00 | - |
| Earnings Per Share before unusual items (Halala) | 14.32 | 18.55 | 29.6 % |
| EPS (Halala) | 14.32 | 18.55 | 29.6 % |
In Q4 2025, EIC’s bottom line nearly doubled to SAR 208.7 million from SAR 104.5 million in the prior-year period.
Sequentially, net income grew 29.6% from SAR 161.07 million in Q3 2025.
Total shareholders’ equity, no minority interest, stood at SAR 1.29 billion as of Dec. 31, 2025, increasing from SAR 946 million in the year before.
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