Al Rashed Reports SAR 91.66M Net Profit in 2025
SALEH ALRASHED 1324.SA | 59.00 | +0.60% |
On 2026-03-10 08:08:57 (Saudi Time), Saleh Abdulaziz Al Rashed and Sons Co. announced its Annual financial results for the twelve months ended on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 739,521,228 | 599,584,163 | 23.34 | ||
| Gross Profit (Loss) | 163,962,479 | 106,693,847 | 53.67 | ||
| Operational Profit (Loss) | 104,216,201 | 63,204,686 | 64.89 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 91,656,884 | 59,688,293 | 53.56 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 89,177,721 | 58,003,904 | 53.74 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 421,592,284 | 356,594,464 | 18.23 | ||
| Profit (Loss) per Share | 4.93 | 3.21 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The increase in revenue of approximately SAR 140 million is attributed to a 28% rise in the volume of construction materials sales compared to 2024 |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The improvement in profitability is attributed to an increase in the production volume of construction materials by approximately 3.2 million tons compared to 2024, representing a 22% increase, in addition to improved selling prices and enhanced operational efficiency |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | An amount of SAR 250 thousand has been reclassified from the prepaid expenses and other current assets account to the amounts due from related parties , in accordance with Note (35) to the financial statements for the year 2025. |
| Additional Information | - |
Year-on-Year Performance Drivers
Sales increased 23.34% YoY to SAR 739.52 million, driven by a 28% rise in construction materials sales volume. Net profit surged 53.56% to SAR 91.66 million, primarily attributed to a 22% increase in production volume (approximately 3.2 million additional tons), improved selling prices, and enhanced operational efficiency.
Other Items
The external auditor issued an unmodified opinion with no additional comments or qualifications. The company reported no accumulated losses, indicating a healthy capital position. A reclassification of SAR 250 thousand was made from prepaid expenses and other current assets to amounts due from related parties in accordance with Note 35 of the 2025 financial statements.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93571&anCat=1&cs=1324&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.