Makkah Construction and Development Co. (MCDC) reported a net profit of SAR 294 million in H1 2025, an increase of 15% from SAR 256 million in the year-earlier period, on the company’s profit share from an associate company and higher earnings from commercial malls.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 535.51 | 623.67 | 16.5 % |
Gross Income | 289.90 | 312.82 | 7.9 % |
Operating Income | 256.96 | 263.90 | 2.7 % |
Net Income | 255.98 | 294.32 | 15.0 % |
Average Shares | 200.00 | 200.00 | - |
Earnings Per Share before unusual items (Riyals) | 1.28 | 1.47 | 15.0 % |
EPS (Riyal) | 1.28 | 1.47 | 15.0 % |
H1 2025 topline stood at SAR 624 million, primarily driven by growth in revenues from Hajj operations, commercial malls and hotels.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 350.10 | 388.11 | 10.9 % |
Gross Income | 163.01 | 143.02 | (12.3 %) |
Operating Income | 144.89 | 118.93 | (17.9 %) |
Net Income | 142.57 | 144.18 | 1.1 % |
Average Shares | 200.00 | 200.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.71 | 0.72 | 1.1 % |
EPS (Riyal) | 0.71 | 0.72 | 1.1 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 235.56 | 388.11 | 64.8 % |
Gross Income | 169.79 | 143.02 | (15.8 %) |
Operating Income | 144.97 | 118.93 | (18.0 %) |
Net Income | 150.14 | 144.18 | (4.0 %) |
Average Shares | 200.00 | 200.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.75 | 0.72 | (4.0 %) |
EPS (Riyal) | 0.75 | 0.72 | (4.0 %) |
Q2 2025 net profit grew 1% to SAR 144 million from SAR 142.5 million in the year-earlier period.
On a quarterly basis, net earnings fell 4.1% from SAR 150.14 million in Q1 2025.
Total shareholders’ equity, no minority interest, reached SAR 4.07 billion by June 30, 2025, compared to SAR 4.23 billion in the prior-year period.
Attached Documents
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: