Nayifat Finance Co. reported a net profit of SAR 59.5 million in the first nine months of 2025, a fall of 37% from SAR 94.4 million in the year-earlier period.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Net income from finance commissions | 235.79 | 226.73 | (3.8 %) |
| Net Income | 94.42 | 59.47 | (37.0 %) |
| Average Shares | 120.00 | 120.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.79 | 0.50 | (37.0 %) |
| EPS (Riyal) | 0.79 | 0.50 | (37.0 %) |
The company recorded lower revenues due to a change in product mix toward a higher credit quality segment, in addition to premature settlements that are no longer contributing to the revenues of the consumer financing portfolio.
In addition, Nayifat cited lower operating revenues and higher credit impairment charges to enhance the coverage ratio.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Net income from finance commissions | 80.89 | 76.68 | (5.2 %) |
| Net Income | 38.92 | 20.35 | (47.7 %) |
| Average Shares | 120.00 | 120.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.32 | 0.17 | (47.7 %) |
| EPS (Riyal) | 0.32 | 0.17 | (47.7 %) |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Net income from finance commissions | 72.27 | 76.68 | 6.1 % |
| Net Income | 15.57 | 20.35 | 30.7 % |
| Average Shares | 120.00 | 120.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.13 | 0.17 | 30.7 % |
| EPS (Riyal) | 0.13 | 0.17 | 30.7 % |
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