Financial Results : MRNA profit slumps 94% to SAR 1.2M in 9M 2025; Q3 losses at SAR 1.7M

MRNA profit slumps 94% to SAR 1.2M in 9M 2025; Q3 losses at SAR 1.7M

10/11/2025 Argaam Exclusive

View other reports

Morabaha Marina Financing Co. (MRNA) posted a net profit (excluding minority interest) of SAR 1.2 million in the first nine months of 2025, a fall of 94% from SAR 20 million in the prior-year period.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Net income from finance commissions 95.45 125.01 31.0 %
Net Income 19.98 1.24 (93.8 %)
Average Shares 71.43 71.43 -
Earnings Per Share before unusual items (Riyals) 0.28 0.02 (93.8 %)
EPS (Riyal) 0.28 0.02 (93.8 %)

Net profit before excluding minority interest reached SAR 3.2 million for the nine-month period, from SAR 14.7 million a year earlier.

 

The profit decline is attributed to an increase in general expenses and impairment losses, along with continued losses of the subsidiary (LOOP).

 

However, revenue increased by 19.48% to SAR 164.08 million, compared to SAR 137.33 million in the corresponding period of the previous year, mainly due to an increase in new financing contracts from Q4 2024 through Q3 2025.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Net income from finance commissions 32.14 41.73 29.8 %
Net Income 8.20 (1.73) (121.1 %)
Average Shares 71.43 71.43 -
Earnings Per Share before unusual items (Riyal) 0.11 (0.02) (121.1 %)
EPS (Riyal) 0.11 (0.02) (121.1 %)

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.