Riyadh – Mubasher: ARTEX Industrial Investment Company turned to net profits worth SAR 2.73 million in the first half (H1) of 2025, against net losses of SAR 7.60 million in H1-24.
Earnings per share (EPS) reached SAR 0.03 as of 30 June 2025, compared to a loss per share worth SAR 0.09 a year earlier, according to the financial results.
The revenues jumped by 8.99% year-on-year (YoY) to SAR 286.68 million in the first six months (6M) of 2025 from SAR 263.02 million.
Results for Q2
In the second quarter (Q2) of 2025, the Saudi group incurred 67.14% lower net losses at SAR 2.97 million, compared with SAR 9.04 million in Q2-24.
Meanwhile, the revenue grew by 3.82% to SAR 116.86 million in Q2-25 from SAR 112.55 million in April-June 2024.
Quarterly, the company shifted to net losses in Q2-25 against profits of SAR 5.70 million in Q1-25, whereas the revenue shrank by 31.19% from SAR 169.84 million.
