Saudi Company for Hardware (SACO) reported a net profit of SAR 49.5 million in the first nine months of 2025, against a net loss of SAR 17.5 million in the same period a year ago
| Item | 9m 2024 | 9m 2025 | Change | 
|---|---|---|---|
| Revenues | 714.56 | 776.10 | 8.6 % | 
| Gross Income | 97.78 | 114.18 | 16.8 % | 
| Operating Income | 5.51 | 27.09 | 391.7 % | 
| Net Income | (17.51) | 49.52 | 382.7 % | 
| Average Shares | 36.00 | 36.00 | - | 
| Earnings Per Share before unusual items (Riyals) | (0.49) | 0.43 | 188.3 % | 
| EPS (Riyal) | (0.49) | 1.38 | 382.7 % | 
The profit was primarily from gains on the sale of an investment property, higher sales driven by the introduction of new departments, product categories, services, and stronger performance in other business segments, particularly e-commerce.
| Item | Q3 2024 | Q3 2025 | Change | 
|---|---|---|---|
| Revenues | 245.45 | 261.41 | 6.5 % | 
| Gross Income | 33.06 | 35.16 | 6.4 % | 
| Operating Income | (0.37) | 2.35 | 735.1 % | 
| Net Income | (8.98) | 39.36 | 538.3 % | 
| Average Shares | 36.00 | 36.00 | - | 
| Earnings Per Share before unusual items (Riyal) | (0.25) | 0.15 | 159.1 % | 
| EPS (Riyal) | (0.25) | 1.09 | 538.3 % | 
| Item | Q2 2025 | Q3 2025 | Change | 
|---|---|---|---|
| Revenues | 253.37 | 261.41 | 3.2 % | 
| Gross Income | 40.76 | 35.16 | (13.7 %) | 
| Operating Income | 11.48 | 2.35 | (79.5 %) | 
| Net Income | 5.08 | 39.36 | 674.7 % | 
| Average Shares | 36.00 | 36.00 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.14 | 0.15 | 4.5 % | 
| EPS (Riyal) | 0.14 | 1.09 | 674.7 % | 
In Q3 2025, SACO posted a net profit of SAR 39.4 million, versus a net loss of SAR 8.98 million in Q3 2024.
Sequentially, net earnings rose 674.7% from SAR 5.08 million in Q2 2025.
Shareholders' equity, no minority interest, rose to SAR 375.59 million by the end of Sept. 30, 2025, from SAR 322.87 million a year ago.
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