Al-Jouf Agricultural’s Q1 2025 net earnings more than quadrupled from SAR 8.17 million in Q4 2024, fueled mainly by robust sales.
| Item | Q1 2024 | Q1 2025 | Change |
|---|---|---|---|
| Revenues | 160.47 | 170.59 | 6.3 % |
| Gross Income | 60.08 | 68.36 | 13.8 % |
| Operating Income | 37.12 | 41.62 | 12.1 % |
| Net Income | 32.92 | 34.66 | 5.3 % |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyal) | 1.10 | 1.16 | 5.3 % |
| EPS (Riyal) | 1.10 | 1.16 | 5.3 % |
| Item | Q4 2024 | Q1 2025 | Change |
|---|---|---|---|
| Revenues | 162.19 | 170.59 | 5.2 % |
| Gross Income | 33.15 | 68.36 | 106.2 % |
| Operating Income | 10.00 | 41.62 | 316.2 % |
| Net Income | 8.17 | 34.66 | 324.3 % |
| Average Shares | 30.00 | 30.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.27 | 1.16 | 324.3 % |
| EPS (Riyal) | 0.27 | 1.16 | 324.3 % |
The profit growth was spurred by a SAR 10 million increase in sales, which offset higher selling, distribution, general, and administrative expenses, along with increased financing costs.
The company also cited losses from the valuation of investments at fair value through profit and loss.
Al-Jouf Agriculture’s Q1 2025 net earnings soared from SAR 8.17 million in Q4 2024, fueled mainly by robust sales.
Total shareholders’ equity, no minority interest, amounted to SAR 774.59 million at the end of Q1 2025, compared to SAR 774.02 million a year before.
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