Financial Results : Lazurde loses SAR 12.5M in H1 2025, SAR 25.8M in Q2 on one-offs

Lazurde loses SAR 12.5M in H1 2025, SAR 25.8M in Q2 on one-offs

10/08/2025 Argaam Exclusive

View other reports

Lazurde Company for Jewelry trimmed H1 2025 net losses to SAR 12.5 million from SAR 32 million in the year-earlier period.



Financials (M)

Item 6m 2024 6m 2025 Change‬
Revenues 1,043.24 1,380.87 32.4 %
Gross Income 133.34 123.35 (7.5 %)
Operating Income 43.81 37.67 (14.0 %)
Net Income 32.00 (12.50) (139.1 %)
Average Shares 57.50 57.50 -
Earnings Per Share before unusual items (Riyals) 0.16 0.17 4.2 %
EPS (Riyal) 0.56 (0.22) (139.1 %)

The results was weighed down by lower operating profit by 48.3% year-on-year (YoY), reflecting a one-off SAR 13.6 million credit loss provision, as well as an exceptional loss of SAR 8.5 million due to shortages in the accounts of certain sales representatives.



Current Quarter Comparison (M)

Compared With The
Item Q2 2024 Q2 2025 Change‬
Revenues 511.54 659.62 28.9 %
Gross Income 53.49 51.71 (3.3 %)
Operating Income 11.74 11.94 1.7 %
Net Income 4.02 (25.84) (743.0 %)
Average Shares 57.50 57.50 -
Earnings Per Share before unusual items (Riyal) 0.02 (0.07) (403.9 %)
EPS (Riyal) 0.07 (0.45) (743.0 %)

The company also cited a decline in shareholders’ equity from foreign currency differences.

 

Lazurde swung to a loss of SAR 25.8 million in Q2 2025, compared to a net profit of SAR 4 million in Q2 2024 and SAR 13.35 million in Q1 2025.

 

Total shareholders’ equity, no minority interest, decreased to SAR 269 million by the end of the six-month period, compared to SAR 310.4 million a year earlier.

View more financial results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.