Riyadh-Mubasher: Abdullah Al Othaim Markets Company logged net profits worth SAR 117.50 million in the first half (H1) of 2025, reflecting a 24.85% drop from SAR 156.36 million in H1-24.
On the other hand, the revenues increased by 3.10% year-on-year (YoY) to SAR 5.67 billion as of 30 June 2025 from SAR 5.50 billion, according to the initial financial statements.
Earnings per share (EPS) stood at SAR 0.13 in H1-25, an annual decline from SAR 0.17.
Results for Q2
During the second quarter (Q2) of 2025, the net profits of Othaim Markets reached SAR 41.14 million, up 0.68%YoY from SAR 40.86 million.
Revenues increased by 2.90% to SAR 2.53 billion in Q2-25 from SAR 2.46 billion in the same period last year.
Quarter-on-quarter (QoQ), the Q2-25 net profits shrank by 46.12% compared to SAR 76.36 million in Q1-25, while the revenues fell by 19.20% from SAR 3.13 billion.
Cash Dividends
The board members approved the distribution of interim cash dividends valued at SAR 108 million, representing 12% of the company’s capital, for Q2-25.
Othaim Markets will pay out a dividend of SAR 0.12 per share to 900 million eligible shares on 17 September 2025.
Last year, the Saudi company posted 6.58% higher net profit at SAR 523.09 million, compared to SAR 490.77 million in 2023.
