Al-Babtain Power and Telecommunication Co. posted a net profit of SAR 185.9 million in H1 2025, up from SAR 136.9 million in the year-ago period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 1,349.65 | 1,318.73 | (2.3 %) |
Gross Income | 222.87 | 301.61 | 35.3 % |
Operating Income | 148.73 | 232.19 | 56.1 % |
Net Income | 136.93 | 185.95 | 35.8 % |
Average Shares | 63.95 | 63.95 | - |
Earnings Per Share before unusual items (Riyals) | 1.59 | 2.91 | 83.1 % |
EPS (Riyal) | 2.14 | 2.91 | 35.8 % |
This was due to improved productivity, cost control, and better profit margins during the six-month period.
However, the first-half sales fell by 2% on an annual basis due to the completion of some projects in the poles and lighting as well as the renewable energy segments.
Net profit, excluding capital gains, increased by 108.4% YoY in H1 2025, as the net profit of H1 2024 included SAR 47.7 million earnings from the sale of investment properties.
In Q2 2025, the company's net profit leapt 79.9% to SAR 97.7 million, from SAR 54.30 million in Q2 2024, mainly due to the same drivers as H1 2025 results.
Sequentially, the three-month net profit fell 10.8% from SAR 88.20 million in Q1 2025.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 650.10 | 687.49 | 5.8 % |
Gross Income | 113.49 | 156.97 | 38.3 % |
Operating Income | 77.85 | 119.75 | 53.8 % |
Net Income | 54.32 | 97.75 | 80.0 % |
Average Shares | 63.95 | 63.95 | - |
Earnings Per Share before unusual items (Riyal) | 0.85 | 1.53 | 80.0 % |
EPS (Riyal) | 0.85 | 1.53 | 80.0 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 631.23 | 687.49 | 8.9 % |
Gross Income | 144.64 | 156.97 | 8.5 % |
Operating Income | 112.44 | 119.75 | 6.5 % |
Net Income | 88.20 | 97.75 | 10.8 % |
Average Shares | 63.95 | 63.95 | - |
Earnings Per Share before unusual items (Riyal) | 1.38 | 1.53 | 10.8 % |
EPS (Riyal) | 1.38 | 1.53 | 10.8 % |
Shareholders’ equity, after minority interest, stood at SAR 1.18 billion as of June 30, 2025, up from SAR 980.75 million a year earlier.
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