Financial Results : Thob Al Aseel Q1 2025 net profit soars 57% to SAR 63M

Thob Al Aseel Q1 2025 net profit soars 57% to SAR 63M

11/05/2025 Argaam Exclusive

View other reports

Thob Al Aseel Co. reported a net profit of SAR 63 million in Q1 2025, an increase 57%, compared to SAR 40.1 million in Q1 2024.


Current Quarter Comparison (M)

Compared With The
Item Q1 2024 Q1 2025 Change‬
Revenues 211.17 225.48 6.8 %
Gross Income 80.42 98.97 23.1 %
Operating Income 45.97 72.31 57.3 %
Net Income 40.05 63.03 57.4 %
Average Shares 400.00 400.00 -
Earnings Per Share before unusual items (Riyals) 0.10 0.16 57.4 %
EPS (Riyals) 0.10 0.16 57.4 %

This was backed by a 6.78% increase year-on-year (YoY) in sales in addition to the relatively improved profit margins on selling highly profitable items. The company also cited lower provisions for credit losses due to improved collection rates during the current quarter.

 

On a sequential basis, net profit increase by more than five-fold from SAR 11.59 million in Q4 2024.

 

Total shareholders’ equity, no minority interest, stood at SAR 614.8 million as of March 31, 2025, compared to SAR 584.6 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.