Financial Results : BCI’s Q1 2025 net profit falls 72% to SAR 2.9M

BCI’s Q1 2025 net profit falls 72% to SAR 2.9M

29/04/2025 Argaam Exclusive

View other reports

Basic Chemical Industries Co. (BCI) reported a net profit before minority interest of SAR 2.9 million in Q1 2025, down 72% from SAR 10.3 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q1 2024 Q1 2025 Change‬
Revenues 179.68 161.56 (10.1 %)
Gross Income 43.21 37.02 (14.3 %)
Operating Income 18.36 10.86 (40.8 %)
Net Income 0.16 (2.52) (1634.2 %)
Average Shares 27.50 27.50 -
Earnings Per Share before unusual items (Riyals) 0.01 (0.09) (1634.2 %)
EPS (Riyals) 0.01 (0.09) (1634.2 %)

This pullback was attributed to the SAR 18.2 million drop in BCI’s first-quarter sales.

 

The company also cited a fall in gains on fair value measurement of derivative financial instruments and increased Zakat and tax expenses. This came despite the cost of sales shedding SAR 11.9 million on an annual basis by the end of Q1 2025.

 

Sequentially, the three-month net earnings dropped 72.2% from SAR 10.27 million in Q4 2024.

 

Total shareholders’ equity, excluding minority interest, stood at SAR 598.46 million as of March 31, 2025, compared to SAR 592.51 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.