Saudi Tadawul Group Holding Co. posted a 41% decline in net profit to SAR 299.4 million in the first nine months of 2025, compared to SAR 505.7 million a year ago.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 1,100.23 | 964.90 | (12.3 %) |
| Gross Income | 692.15 | 530.70 | (23.3 %) |
| Operating Income | 461.54 | 248.70 | (46.1 %) |
| Net Income | 505.70 | 299.40 | (40.8 %) |
| Average Shares | 120.00 | 120.00 | - |
| Earnings Per Share before unusual items (Riyals) | 4.21 | 2.50 | (40.8 %) |
| EPS (Riyal) | 4.21 | 2.50 | (40.8 %) |
This was driven by a 12.3% decline year-on-year (YoY) in operating revenue to SAR 964.9 million in the first nine months of 2025.
Operating expenditure increased 12.1% to SAR 716.2 million in the first nine months of 2025, from SAR 638.7 million a year ago, aligning with the group’s strategic objectives and its future growth plans. The company also reported increases in systems maintenance costs, depreciation and amortization expenses, and workforce costs.
The nine-month gross profit fell 23.3% YoY to SAR 530.7 million.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 359.14 | 317.80 | (11.5 %) |
| Gross Income | 212.21 | 164.20 | (22.6 %) |
| Operating Income | 123.60 | 63.00 | (49.0 %) |
| Net Income | 140.35 | 82.70 | (41.1 %) |
| Average Shares | 120.00 | 120.00 | - |
| Earnings Per Share before unusual items (Riyal) | 1.17 | 0.69 | (41.1 %) |
| EPS (Riyal) | 1.17 | 0.69 | (41.1 %) |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 318.86 | 317.80 | (0.3 %) |
| Gross Income | 174.19 | 164.20 | (5.7 %) |
| Operating Income | 78.12 | 63.00 | (19.4 %) |
| Net Income | 96.25 | 82.70 | (14.1 %) |
| Average Shares | 120.00 | 120.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.80 | 0.69 | (14.1 %) |
| EPS (Riyal) | 0.80 | 0.69 | (14.1 %) |
The third-quarter net profit dropped by 41% to SAR 82.70 million from SAR 140.35 million in Q3 2024.
Sequentially, the three-month bottom line fell by 14.1% from SAR 96.2 million in Q2 2025.
Shareholders’ equity, after minority interest, fell slightly to SAR 3.34 billion by the end of Sept. 30, 2025, from SAR 3.36 billion in the year-earlier period.
| Company | Estimated | Actual | Change |
|---|---|---|---|
| ACC | 20.43 | 65.50 | |
| YANSAB | 70.63 | 74.20 | |
| NADEC | 124.50 | 110.67 | |
| MODERN MILLS | 56.83 | 56.14 | |
| ZAIN KSA | 134.64 | 153.00 | |
| ALBILAD | 767.86 | 766.50 | |
| SULAIMAN ALHABIB | 622.50 | 602.28 | |
| SABIC AGRI-NUTRIENTS | 1,071.65 | 1,290.00 | |
| TADAWUL GROUP | 84.97 | 82.70 | |
| JAMJOOM PHARMA | 115.18 | 106.67 |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| ACC | 20.43 | 65.50 | |
| YANSAB | 70.63 | 74.20 | |
| NADEC | 124.50 | 110.67 | |
| MODERN MILLS | 56.83 | 56.14 | |
| ZAIN KSA | 134.64 | 153.00 | |
| ALBILAD | 767.86 | 766.50 | |
| SULAIMAN ALHABIB | 622.50 | 602.28 | |
| SABIC AGRI-NUTRIENTS | 1,071.65 | 1,290.00 | |
| TADAWUL GROUP | 84.97 | 82.70 | |
| JAMJOOM PHARMA | 115.18 | 106.67 |
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