BinDawood Holding Co. reported a net profit SAR 161 million in the first nine months of 2025, a decline of 3% from SAR 165.6 million in the year-earlier period.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 4,252.10 | 4,678.11 | 10.0 % |
| Gross Income | 1,380.98 | 1,582.73 | 14.6 % |
| Operating Income | 234.08 | 243.62 | 4.1 % |
| Net Income | 165.60 | 161.02 | (2.8 %) |
| Average Shares | 1,143.00 | 1,143.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.14 | 0.14 | (2.8 %) |
| EPS (Riyal) | 0.14 | 0.14 | (2.8 %) |
Operating expenses increased to SAR 1.33 billion, due to consolidation of retail pharma and distribution businesses, as well as full-period impact of store operating costs for 2024 openings and new stores launched in 2025. This was along with integration of pharmacy sections within BinDawood and Danube stores, as well as higher staffing, utilities, and logistics expenses.
However, the company achieved 10% revenue growth in 9M 2025, driven by growth in retail grocery, retail pharma, and distribution segments.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 1,361.33 | 1,529.42 | 12.3 % |
| Gross Income | 449.51 | 520.75 | 15.8 % |
| Operating Income | 53.61 | 74.04 | 38.1 % |
| Net Income | 33.29 | 42.07 | 26.4 % |
| Average Shares | 1,143.00 | 1,143.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.03 | 0.04 | 26.4 % |
| EPS (Riyal) | 0.03 | 0.04 | 26.4 % |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 1,474.31 | 1,529.42 | 3.7 % |
| Gross Income | 533.29 | 520.75 | (2.4 %) |
| Operating Income | 79.38 | 74.04 | (6.7 %) |
| Net Income | 51.83 | 42.07 | (18.8 %) |
| Average Shares | 1,143.00 | 1,143.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.05 | 0.04 | (18.8 %) |
| EPS (Riyal) | 0.05 | 0.04 | (18.8 %) |
Total shareholders’ equity, after minority interest, reached SAR 1.45 billion as of Sept. 30, 2025, compared to SAR 1.44 billion in the corresponding period of 2024.
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