Financial Results : Build Station H1 2025 profit rises 21% to SAR 28.9M; Q2 at SAR 16.2M

Build Station H1 2025 profit rises 21% to SAR 28.9M; Q2 at SAR 16.2M

14/08/2025 Argaam Exclusive

View other reports

Marketing Home Group for Trading Co. (Build Station), which is preparing to list on TASI, posted a net profit of SAR 28.9 million for the first half of 2025, up 21% year-on-year (YoY) from SAR 23.8 million.



Financials (M)

Item 6m 2024 6m 2025 Change‬
Revenues 189.09 192.84 2.0 %
Gross Income 102.96 106.77 3.7 %
Operating Income 29.50 36.34 23.2 %
Net Income 23.83 28.88 21.2 %
Average Shares 16.00 16.00 -
Earnings Per Share before unusual items (Riyals) 1.49 1.81 21.2 %
EPS (Riyal) 1.49 1.81 21.2 %

The profit growth was supported by a 2% YoY increase in revenue, driven by higher sales in the ceramics and sanitaryware segment, an improved gross profit margin from 54% to 55%, and a rise in operating margin from 16% in H1 2024 to 19% in H1 2025.

 

In Q2 2025, net profit surged 543.5% to SAR 16.2 million from SAR 2.5 million a year earlier. Quarter-on-quarter, profit rose 25.9% from SAR 12.79 million.



Current Quarter Comparison (M)

Compared With The
Item Q2 2024 Q2 2025 Change‬
Revenues 84.23 105.12 24.8 %
Gross Income 43.32 55.78 28.8 %
Operating Income 4.77 20.56 330.7 %
Net Income 2.50 16.10 543.5 %
Average Shares 16.00 16.00 -
Earnings Per Share before unusual items (Riyal) 0.16 1.01 543.5 %
EPS (Riyal) 0.16 1.01 543.5 %

Total shareholders’ equity, after minority interest, amounted to SAR 342.23 million in H1 2025, compared to SAR 281.06 million in the same period a year earlier.

View more financial results

 


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 - - - - - -
Q3 2020 - - - - - -
Q4 2020 - - - - - -
Q1 2021 - - - - - -
Q2 2021 - - - - - -
Q3 2021 - - - - - -
Q4 2021 - - - - - -
Q1 2022 - - - - - -
Q2 2022 - - - - - -
Q3 2022 - - - - - -
Q4 2022 - - - - - -
Q1 2023 - - - - - -
Q2 2023 - - - - - -
Q3 2023 91.88 - 49.28 - 17.20 -
Q4 2023 99.35 - 56.28 - 7.84 -
Q1 2024 104.87 - 59.64 - 24.73 -
Q2 2024 84.23 - 43.32 - 4.77 -
Q3 2024 93.23 1.5 % 55.33 12.3 % 16.48 (4.2 %)
Q4 2024 107.64 8.3 % 57.07 1.4 % 19.47 148.4 %
Q1 2025 87.72 (16.4 %) 50.99 (14.5 %) 15.79 (36.2 %)
Q2 2025 105.12 24.8 % 55.78 28.8 % 20.56 330.7 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS(Riyal)
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 - - - - - -
Q3 2020 - - - - - -
Q4 2020 - - - - - -
Q1 2021 - - - - - -
Q2 2021 - - - - - -
Q3 2021 - - - - - -
Q4 2021 - - - - - -
Q1 2022 - - - - - -
Q2 2022 - - - - - -
Q3 2022 - - - - - -
Q4 2022 - - - - - -
Q1 2023 - - - - - -
Q2 2023 - - - - - -
Q3 2023 14.63 - 0.91 - 14.63 0.91
Q4 2023 3.51 - 0.22 - 3.51 0.22
Q1 2024 21.33 - 1.33 - 21.33 1.33
Q2 2024 2.50 - 0.16 - 2.50 0.16
Q3 2024 15.56 6.4 % 0.97 - 15.56 0.97
Q4 2024 16.11 358.4 % 1.01 - 16.11 1.01
Q1 2025 12.79 (40.1 %) 0.80 - 12.79 0.80
Q2 2025 16.10 543.5 % 1.01 - 16.10 1.01

Profitability

Period Gross Margin Adjusted EBITDA margin Net Margin Before Unusual Items
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 - - -
Q1 2024 - - -
Q2 2024 54.83 % - 11.04 %
Q3 2024 56.22 % 21.03 % 11.24 %
Q4 2024 55.22 % 23.71 % 14.23 %
2024 55.22 % 23.55 % 14.23 %
Q1 2025 55.44 % 22.65 % 12.60 %
Q2 2025 55.67 % 25.37 % 15.38 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 - - - -
Q2 2020 - - - -
Q3 2020 - - - -
Q4 2020 - - - -
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 - - - -
Q4 2021 - - - -
Q1 2022 - - - -
Q2 2022 - - - -
Q3 2022 - - - -
Q4 2022 - - - -
Q1 2023 - - - -
Q2 2023 - - - -
Q3 2023 16.00 - - 20.55
Q4 2023 16.00 - - 18.32
Q1 2024 16.00 - - 19.66
Q2 2024 16.00 2.62 2.62 17.57
Q3 2024 16.00 2.68 2.68 18.54
Q4 2024 16.00 3.47 3.47 19.57
Q1 2025 16.00 2.94 2.94 20.38
Q2 2025 16.00 3.78 3.78 21.39

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Recurring P/E Price/book
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 - - -
Q1 2024 - - -
Q2 2024 - - -
Q3 2024 - - -
Q4 2024 - - -
Q1 2025 - - -
Q2 2025 - - -

Business Segments (Million)

Compared With The
Period Ceramics and Sanitary ware Lighting Consulting,Supplies,Installation and others Adjustments and Exclusions
Q4 2023 55.16 41.40 3.18 (0.39)
Q1 2024 55.95 49.80 1.82 (2.70)
Q2 2024 51.65 36.50 0.81 (4.72)
Q3 2024 58.97 44.03 1.77 (11.54)
Q4 2024 63.50 48.85 1.41 (6.12)
Q1 2025 51.20 41.03 0.52 (5.03)
Q2 2025 67.12 42.32 1.71 (6.03)


Financial Ratios
Current
Market Cap (M Riyal) 743.36
Enterprise Value (EV) (M Riyal) 681.29
Shares Outstanding ((M)) 16.00
EPS ( Riyal) (TTM) 3.15
Book Value (BV) ( Riyal) 18.24
Par Value ( Riyal) 10.00
Recurring P/E 14.73
P/E (TTM) 14.73
Price/book 2.55
Return on Average Assets (%) (TTM) 10.3
Return on Average Equity (%) (TTM) 16.7
EV/adj EBITDA 7.32
EV/Revenues 1.70
more

Share Price

Marketing Home Group for Trading Co.
46.34
0.22 0.48 %

Marketing Home Group for Trading Co. (BUILD STATION)

More

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.