Baazeem Trading Co.’s net profit climbed 1.3% year-on-year (YoY) to SAR 8.6 million in Q1 2025, compared to SAR 8.5 million in the first quarter of 2024.
Item | Q1 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 70.43 | 70.67 | 0.3 % |
Gross Income | 26.49 | 28.29 | 6.8 % |
Operating Income | 9.26 | 9.48 | 2.4 % |
Net Income | 8.52 | 8.63 | 1.3 % |
Average Shares | 101.25 | 101.25 | - |
Earnings Per Share before unusual items (Riyal) | 0.08 | 0.09 | 1.3 % |
EPS (Riyal) | 0.08 | 0.09 | 1.3 % |
Item | Q4 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 70.59 | 70.67 | 0.1 % |
Gross Income | 27.32 | 28.29 | 3.5 % |
Operating Income | 6.08 | 9.48 | 55.9 % |
Net Income | 5.18 | 8.63 | 66.8 % |
Average Shares | 101.25 | 101.25 | - |
Earnings Per Share before unusual items (Riyal) | 0.05 | 0.09 | 66.8 % |
EPS (Riyal) | 0.05 | 0.09 | 66.8 % |
The profit rise YoY was driven by a slight increase in revenues to SAR 70.8 million, up 0.34% compared to SAR 70.4 million a year ago.
Compared to Q4 2024, net earnings rose 66.8% from SAR 5.18 million.
Shareholders’ equity, no minority interest, amounted to SAR 207.79 million by the end of Q1 2025, from SAR 202.58 million a year earlier.
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