Astra Industrial Group reported a net profit of SAR 171.9 million for Q1 2025, an increase of 15% from SAR 149.7 million in the year-earlier period.
Item | Q1 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 842.88 | 833.73 | (1.1 %) |
Gross Income | 350.54 | 372.60 | 6.3 % |
Operating Income | 168.46 | 189.30 | 12.4 % |
Net Income | 149.74 | 171.87 | 14.8 % |
Average Shares | 80.00 | 80.00 | - |
Earnings Per Share before unusual items (Riyals) | 1.87 | 2.15 | 14.8 % |
EPS (Riyals) | 1.87 | 2.15 | 14.8 % |
Item | Q4 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 721.60 | 833.73 | 15.5 % |
Gross Income | 330.34 | 372.60 | 12.8 % |
Operating Income | 161.83 | 189.30 | 17.0 % |
Net Income | 131.44 | 171.87 | 30.8 % |
Average Shares | 80.00 | 80.00 | - |
Earnings Per Share before unusual items (Riyals) | 1.64 | 2.15 | 30.8 % |
EPS (Riyals) | 1.64 | 2.15 | 30.8 % |
The company cited the profit growth to higher gross profit in the pharmaceuticals segment and lower financing costs in specialty chemicals and other segments.
This was despite an overall decline in revenues, as sales decreased in steel industries and other (comparative period included sales from discontinued operation of Astra Mining) segments.
Total shareholders’ equity, after excluding minority interest, stood at SAR 2.7 billion by Jan. 31, 2025, compared to SAR 2.28 billion a year earlier.
Company | Estimated | Actual | Change |
---|---|---|---|
SAUDI CERAMICS | 4.00 | 21.00 | 425.0 % |
ASTRA INDUSTRIAL | 171.67 | 171.87 | 0.1 % |
ALINMA | 1,535.13 | 1,508.00 | (1.8 %) |
Company | Estimated | Actual | Change |
---|---|---|---|
SAUDI CERAMICS | 4.00 | 21.00 | 425.0 % |
ASTRA INDUSTRIAL | 171.67 | 171.87 | 0.1 % |
ALINMA | 1,535.13 | 1,508.00 | (1.8 %) |
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