Raoom Trading Co. posted a net profit of SAR 5 million in Q1 2025, down 79% from SAR 24 million a year earlier, due to a 91% drop in revaluation gains on financial assets at fair value through profit or loss amid local and global market conditions.
| Item | Q1 2024 | Q1 2025 | Change |
|---|---|---|---|
| Revenues | 33.01 | 27.37 | (17.1 %) |
| Gross Income | 13.92 | 9.22 | (33.8 %) |
| Operating Income | 10.50 | 5.22 | (50.3 %) |
| Net Income | 23.95 | 5.00 | (79.1 %) |
| Average Shares | 12.50 | 12.50 | - |
| Earnings Per Share before unusual items (Riyal) | 1.92 | 0.40 | (79.1 %) |
| EPS (Riyal) | 1.92 | 0.40 | (79.1 %) |
| Item | Q4 2024 | Q1 2025 | Change |
|---|---|---|---|
| Revenues | 28.92 | 27.37 | (5.4 %) |
| Gross Income | 7.00 | 9.22 | 31.6 % |
| Operating Income | 3.84 | 5.22 | 36.0 % |
| Net Income | 3.57 | 5.00 | 40.1 % |
| Average Shares | 12.50 | 12.50 | - |
| Earnings Per Share before unusual items (Riyal) | 0.29 | 0.40 | 40.1 % |
| EPS (Riyal) | 0.29 | 0.40 | 40.1 % |
Revenue fell 17.1% year-on-year (YoY) to SAR 27.4 million, pressured by lower selling prices and weaker sales volumes.
On a sequential basis, net profit grew 40.1% from SAR 3.57 million in Q4 2024.
Total shareholders’ equity, no minority interest, stood at SAR 161.20 million as of March 31, 2025, compared to SAR 155.68 million a year earlier.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: