Al-Babtain Power and Telecommunication Co. reported a net profit rise of 7% to SAR 88.2 million in Q1 2025, from SAR 82.6 million in the year-earlier period.
| Item | Q1 2024 | Q1 2025 | Change |
|---|---|---|---|
| Revenues | 699.55 | 631.23 | (9.8 %) |
| Gross Income | 109.39 | 144.64 | 32.2 % |
| Operating Income | 70.88 | 112.44 | 58.6 % |
| Net Income | 82.60 | 88.20 | 6.8 % |
| Average Shares | 63.95 | 63.95 | - |
| Earnings Per Share before unusual items (Riyal) | 0.74 | 1.38 | 86.8 % |
| EPS (Riyal) | 1.29 | 1.38 | 6.8 % |
| Item | Q4 2024 | Q1 2025 | Change |
|---|---|---|---|
| Revenues | 678.94 | 631.23 | (7.0 %) |
| Gross Income | 132.54 | 144.64 | 9.1 % |
| Operating Income | 102.25 | 112.44 | 10.0 % |
| Net Income | 84.97 | 88.20 | 3.8 % |
| Average Shares | 63.95 | 63.95 | - |
| Earnings Per Share before unusual items (Riyal) | 1.33 | 1.38 | 3.8 % |
| EPS (Riyal) | 1.33 | 1.38 | 3.8 % |
The company reported improved productivity, cost reduction and better profit margins.
Operating profit jumped 50% year-on-year (YoY). Additionally, the first-quarter bottom line included SAR 47.7 million gains from the sale of investment properties.
On the other hand, sales declined by 10% YoY due to the completion of some projects in the poles and lighting segment, as well as the renewable energy segment.
Net earnings grew by 3.8% quarter-on-quarter (QoQ) from SAR 84.9 million in Q4 2024, driven by higher profit margins and productivity.
Total shareholders’ equity, after minority interest, increased to SAR 1.07 billion as of March 31, 2025, from SAR 987 million a year earlier.
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