Al-Rasheed Reports SAR 85.01M Net Profit in 2025
ALRASHEED 9601.SA | 68.05 | -3.41% |
On 2026-03-30 16:20:51 (Saudi Time), Mohammed Hadi Al-Rasheed & Partners Co. announced its Annual financial results for the twelve months ended on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 347,698,555 | 307,023,066 | 13.25 | ||
| Gross Profit (Loss) | 118,698,658 | 108,223,090 | 9.68 | ||
| Operational Profit (Loss) | 90,073,377 | 88,710,932 | 1.53 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 85,006,185 | 80,746,624 | 5.28 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 84,730,920 | 80,551,637 | 5.19 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 291,393,303 | 230,662,383 | 26.33 | ||
| Profit (Loss) per Share | 4.72 | 4.49 | |||
| 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 | - | - | |
| 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 | Revenues reached SAR 347 million for the current year 2025, compared to SAR 307 million for the previous year. The 13% increase in revenues is due to a increase market share and entering new markets which aligns with company's strategy |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net income amounted to SAR 85 million for the current year ended 31 December 2025 compared to SAR 80.7 million in previous year ended 31 December 2024. An increase of 5% has been recorded due to increase in sales, and the continuous enhancement in operating efficiency despite that Diesel prices increased which led to increase in transpiration and shipments |
| 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) | The external auditor’s report included a comment mentioned in the Other Matter paragraph, as follows: the financial statements for the year ended 31 December 2024 were audited and reviewed by another auditor who expressed an unmodified opinion on those statements on 10 March 2025 |
| Reclassification of Comparison Items | Certain comparative figures for the prior year have been reclassified to conform to the presentation used in the current year ended December 31, 2025 |
| Additional Information | The company has achieved EBITDA amounted SAR 108.17 compared to SAR 98.03 in previous year by 10.34% increase. |
Year-on-Year Performance Drivers
Sales increased 13.25% YoY to 347.70 million due to increased market share and expansion into new markets aligned with the company's strategy. Net profit rose 5.28% to 85.01 million, driven by higher sales and continuous operational efficiency improvements, though growth was partially offset by increased diesel prices that raised transportation and shipment costs.
Other Items
The auditors issued an unmodified opinion on the financial statements. The external auditor's report included an Other Matter paragraph noting that "the financial statements for the year ended 31 December 2024 were audited and reviewed by another auditor who expressed an unmodified opinion on those statements on 10 March 2025." No material risks regarding going concern or debt covenant breaches were disclosed. The company reported no accumulated losses, with total shareholders' equity increasing 26.33% to SAR 291,393,303. EBITDA reached SAR 108.17 million compared to SAR 98.03 million in the previous year, representing a 10.34% increase.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93971&anCat=1&cs=9601&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.