Taiba Investments Reports SAR 364.8M Net Profit in 2025
TAIBA 4090.SA | 38.60 | +3.10% |
On 2026-03-02 08:02:12 (Saudi Time), Taiba Investments Co. announced its Annual financial results for the twelve months ended on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 1,364.3 | 1,315.3 | 3.73 | ||
| Gross Profit (Loss) | 508.3 | 558.6 | -9 | ||
| Operational Profit (Loss) | 351.8 | 426.9 | -17.59 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 364.8 | 333.7 | 9.32 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 198.2 | 445.7 | -55.53 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 6,850.4 | 6,847.6 | 0.04 | ||
| Profit (Loss) per Share | 1.4 | 1.28 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | -22.3 | -0.86 | |
| All figures are in (Millions) 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 | - During the current fiscal year, the Company recorded operating revenues of SAR 1,364 million, representing an increase of SAR 49 million, or 3.7%, compared to fiscal year 2024. This growth was primarily driven by improved performance across the Company’s segments in Makkah and Madinah, supported by higher numbers of visitors and Umrah pilgrims, the commencement of operations of new facilities, and increased revenues from the real estate segment. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | - The Company reported a net profit of SAR 364.8 million for the current fiscal year, representing an increase of SAR 31.1 million, or 9.3%, compared to fiscal year 2024. The growth in net profit was primarily attributable to improved operating performance, the reversal of a litigation provision previously recognized in 2023 in connection with the termination of a contractual relationship with one of the operators following the settlement reached between the parties, and capital gains realized from the expropriation of one of the Company’s properties in Madinah. |
| 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 | - Some comparative figures have been reclassified to align with the presentation of the current period’s figures. |
| Additional Information | - Other comprehensive income for the current year recorded a loss of SAR (166.6) million, compared to a gain of SAR 111.9 million in the previous year. This variance is primarily attributable to a decline in the fair value of financial derivatives (hedging instruments) as of the financial reporting date, in addition to a decrease in the market value of certain investments in other companies that are measured at fair value through other comprehensive income. |
Year-on-Year Performance Drivers
Sales increased 3.73% YoY to SAR 1,364.3 million, driven by improved performance in Makkah and Madinah segments due to higher numbers of visitors and Umrah pilgrims, commencement of new facility operations, and increased real estate segment revenues. Net profit rose 9.32% to SAR 364.8 million, primarily attributable to enhanced operating performance, reversal of a litigation provision from a 2023 contractual dispute settlement, and capital gains from property expropriation in Madinah. Despite revenue growth, gross profit declined 9% due to operational inefficiencies, though this was offset by non-operating gains that boosted overall profitability.
Other Items
The auditors issued an unmodified opinion with no material uncertainties or adverse comments reported. Other comprehensive income recorded a loss of SAR 166.6 million compared to a gain of SAR 111.9 million in the previous year, primarily due to declining fair value of financial derivatives and decreased market value of investments measured at fair value through other comprehensive income. Investment property fair value changes resulted in losses of SAR 22.3 million, representing 0.86% of capital. Total comprehensive income attributable to shareholders decreased 55.53% to SAR 198.2 million despite positive net profit growth.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93380&anCat=1&cs=4090&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.