Financial Results : Fitaihi profit drops 60% to SAR 4.4M in 9M 2025; Q3 loss at SAR 1.9M

Fitaihi profit drops 60% to SAR 4.4M in 9M 2025; Q3 loss at SAR 1.9M

06/11/2025 Argaam Exclusive

View other reports

Fitaihi Holding Group posted a 60% drop in its 9M 2025 net profits to SAR 4.4 million, from SAR 11 million in the corresponding period of 2024.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Revenues 27.91 32.40 16.1 %
Gross Income 11.47 11.97 4.4 %
Operating Income (6.90) (7.30) (5.8 %)
Net Income 10.97 4.39 (60.0 %)
Average Shares 275.00 275.00 -
Earnings Per Share before unusual items (Riyals) 0.04 0.02 (60.0 %)
EPS (Riyal) 0.04 0.02 (60.0 %)

Revenues declined due to a drop in the company’s share of results from an associate during the current period of 2025, which amounted to SAR 2 million, compared to SAR 12.7 million in the same period of 2024.

 

This came despite higher dividend income from equity instruments at fair value through other comprehensive income, which reached SAR 10 million in 2025 versus SAR 7.9 million a year earlier, and a 16.1% increase in sales to SAR 32.4 million, up from SAR 27.9 million in 2024.

 

Selling, distribution, general and administrative expenses rose by 4.9%, reaching SAR 19.3 million in 2025, compared to SAR 18.4 million in 2024.

 

On the other hand, Fitaihi reported an increase in dividend income from equity instruments at fair value through OCI to SAR 10 million in 2025, from SAR 7.9 million in 2024.

 

It also recorded an 11.5% decline in Zakat expenses to SAR 2.3 million in 2025, compared to SAR 2.6 million a year earlier.

 

Other income reached SAR 1.9 million during the current period of 2025.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Revenues 8.26 12.30 48.8 %
Gross Income 3.24 4.70 44.9 %
Operating Income (2.70) (1.95) 27.8 %
Net Income 0.91 (1.87) (306.1 %)
Average Shares 275.00 275.00 -
Earnings Per Share before unusual items (Riyal) 0.00 (0.01) (306.1 %)
EPS (Riyal) 0.00 (0.01) (306.1 %)

In Q3, the jewelry retailer incurred a net loss of SAR 1.9 million, against a net profit of SAR 910,000 in Q3 2024 and SAR 7.23 million in Q2 2025.

 

Total shareholders’ equity, with no minority interest, increased to SAR 474.39 million as of Sept. 30, 2025, from SAR 470.20 million a year earlier.

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.