Latest news with #SaudiCeramicCompany
Zawya
5 days ago
- Business
- Zawya
Saudi Ceramics' net profit skyrocket 4,000% in H1-25
Riyadh – Saudi Ceramic Company (Saudi Ceramics) recorded a leap of 3,737.25% in net profit during the first half (H1) of 2025. Saudi Ceramics generated SAR 133.26 million net income as of 30 June 2025 compared with SAR 3.47 million in the same period a year ago, according to the financial results. The earnings per share (EPS) rose to SAR 1.34 in H1-25 from SAR 0.05 in H1-24. Moreover, the revenue grew by 8.49% to SAR 674.72 million during January-June 2025 from SAR 621.91 million in the corresponding half last year. Quarterly Income Statements In the second quarter (Q2) of 2025, Saudi Ceramics turned to net profits worth SAR 112.44 million against net losses of SAR 11.44 million in Q2-24. The company posted 5.06% revenue growth to SAR 290.12 million in Q2-25 compared to SAR 276.15 million in Q2-24. Quarter-on-quarter (QoQ), the net profits posted in Q2-25 were 440% higher than SAR 20.82 million in Q1-25, while the revenue shrank by 24.56% from SAR 384.60 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
30-04-2025
- Business
- Zawya
Saudi Ceramics records over 39.5% higher profits in Q1-25
Riyadh: Saudi Ceramic Company (Saudi Ceramics) achieved net profits amounting to SAR 20.82 million in the first quarter (Q1) of 2025, an annual growth of 39.62% from SAR 14.91 million. Revenues climbed by 11.23% to SAR 384.60 million in Q1-25 from SAR 345.76 million in Q1-24, according to the interim financial results. Earnings per share (EPS) jumped to SAR 0.21 as of 31 March 2025 from SAR 0.16 a year earlier. Quarterly, Saudi Ceramics turned profitable in Q1-25 against net losses valued at SAR 88.49 million in Q4-24, while the revenues edged up by 0.60% from SAR 382.30 million. The company reported net losses valued at SAR 79.25 million in 2024, down 66.63% YoY from SAR 237.51 million.
