Batic Investments and Logistics Co. posted a SAR 14 million net profit in H1 2025, soaring from SAR 850,000 in the same period a year ago.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 247.50 | 261.20 | 5.5 % |
Gross Income | 32.05 | 25.96 | (19.0 %) |
Operating Income | 9.98 | 7.20 | (27.8 %) |
Net Income | 0.85 | 14.02 | 1550.1 % |
Average Shares | 600.00 | 600.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.00 | (0.01) | (805.6 %) |
EPS (Riyal) | 0.00 | 0.02 | 1550.1 % |
Revenues grew by 6% year-on-year (YoY), as revenues from the security guards, facilities management, land transportation, and real estate investment segments grew by 6%, 11%, 25%, and 1,286%, respectively.
Operating profit surged by 173% YoY, and financing costs declined by 9%.
However, the company recorded unrealized losses on investments at fair value through profit or loss amounting to SAR 1.3 million during the current period, compared to recording unrealized gains of SAR 5.2 million in the same period last year.
Batic recorded net earnings of SAR 1.6 million in Q2 2025, against losses of SAR 750,000 in Q2 2024, mainly supported by robust revenues.
Sequentially, the second-quarter net earnings dropped 87.1% from SAR 12.42 million in Q1 2025.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 123.20 | 147.50 | 19.7 % |
Gross Income | 17.03 | 17.39 | 2.1 % |
Operating Income | 5.82 | 8.40 | 44.4 % |
Net Income | (0.75) | 1.60 | 314.9 % |
Average Shares | 600.00 | 600.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.00 | 0.00 | 262.8 % |
EPS (Riyal) | 0.00 | 0.00 | 314.9 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 113.70 | 147.50 | 29.7 % |
Gross Income | 8.57 | 17.39 | 103.0 % |
Operating Income | (1.20) | 8.40 | 802.4 % |
Net Income | 12.42 | 1.60 | (87.1 %) |
Average Shares | 600.00 | 600.00 | - |
Earnings Per Share before unusual items (Riyal) | (0.01) | 0.00 | 116.8 % |
EPS (Riyal) | 0.02 | 0.00 | (87.1 %) |
Shareholders' equity, after minority interest, fell to SAR 411.17 million as of June 30, 2025, down from SAR 456.98 million a year ago.
Accumulated losses reached SAR 44.13 million by the end of the current period, representing 7.4% of the company's capital.
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