Al Hammadi Holding records 15.5% higher profits in Q1-25

ALHAMMADI -3.19%

ALHAMMADI

4007.SA

36.45

-3.19%

Riyadh – Mubasher: Al Hammadi Holding recorded net profit valued at SAR 73.93 million in the first quarter (Q1) of 2025, an annual rise of 15.44% from SAR 64.04 million.

The revenues climbed by 8.96% year-on-year (YoY) to SAR 301.88 million in Q1-25 from SAR 277.04 million, according to the financial results.

The earnings per share (EPS) stood at SAR 0.46 as of 31 March 2025, versus SAR 0.40 a year earlier.

Quarterly, the Q1-25 net profits dropped by 4.92% from SAR 77.76 million in Q4-24, while the revenues fell by 6.47% from SAR 322.79 million.

In 2024, Al Hammadi Holding posted an annual rise of 11.69% in net profit to SAR 338.80 million, compared with SAR 303.33 million.

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