Riyadh – Mubasher: The net profits of BinDawood Holding Company grew by 8.53% to SAR 65.71 million during the first quarter (Q1) of 2025 from SAR 60.54 million in Q1-24.
The group recorded a 13.67% year-on-year (YoY) rise in revenue to SAR 1.67 billion as of 31 March 2025, compared to SAR 1.47 billion, according to the financial results.
Earnings per share (EPS) went up to SAR 0.06 in the first three months (3M) of 2025 from SAR 0.05 a year earlier.
Quarterly, the Q1-25 revenues hiked by 17.45% from SAR 1.42 billion in Q4-24, while the net profits plummeted by 40.06% from SAR 109.65 million.
As of 31 December 2024, the Saudi company generated 1.88% YoY higher net profit at SAR 280.25 million.
