AYYAN Investment Co. turned to a net profit of SAR 385.2 million (excluding minority interest) in H1 2025, versus a net loss of SAR 104 million in H1 2024.
For the six-month period, net earnings before excluding minority interest stood at SAR 384.3 million, against losses of SAR 104.3 million in H1 2024.
| Item | 6m 2024 | 6m 2025 | Change |
|---|---|---|---|
| Revenues | 12.78 | 35.06 | 174.3 % |
| Gross Income | 4.98 | 30.84 | 518.8 % |
| Operating Income | 0.39 | 19.20 | 4762.0 % |
| Net Income | (103.96) | 385.15 | 470.5 % |
| Average Shares | 88.35 | 100.64 | 13.9 % |
| Earnings Per Share before unusual items (Riyals) | (1.18) | (0.33) | 72.2 % |
| EPS (Riyal) | (1.18) | 3.83 | 425.3 % |
The positive performance was driven by realizing gains from discontinued operations, receiving cash dividends during the current period, besides logging unrealized and realized gains from investments at fair value through profit or loss.
On the other hand, the company reported lower sales on weaker sales volume.
| Item | Q2 2024 | Q2 2025 | Change |
|---|---|---|---|
| Revenues | 6.78 | 26.06 | 284.4 % |
| Gross Income | 3.36 | 24.06 | 616.8 % |
| Operating Income | 1.02 | 18.85 | 1749.1 % |
| Net Income | (48.30) | 17.79 | 136.8 % |
| Average Shares | 88.35 | 100.64 | 13.9 % |
| Earnings Per Share before unusual items (Riyal) | (0.55) | 0.18 | 132.3 % |
| EPS (Riyal) | (0.55) | 0.18 | 132.3 % |
| Item | Q1 2025 | Q2 2025 | Change |
|---|---|---|---|
| Revenues | 9.00 | 26.06 | 189.5 % |
| Gross Income | 6.78 | 24.06 | 254.7 % |
| Operating Income | 0.35 | 18.85 | 5346.2 % |
| Net Income | 367.36 | 17.79 | (95.2 %) |
| Average Shares | 100.64 | 100.64 | - |
| Earnings Per Share before unusual items (Riyal) | (0.50) | 0.18 | 135.1 % |
| EPS (Riyal) | 3.65 | 0.18 | (95.2 %) |
The company reported a net profit of SAR 17.8 million in Q2 2025, against a loss of SAR 48.3 million in Q2 2024.
Accumulated losses amounted to SAR 145.88 million, or 14.5% of capital, by the end of the six-month period.
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