WAJA’s profits decline by 87% during Q2 to SAR 353,000

WAJA’s net profit declined by 87% to SAR 353.2 million during the second quarter of 2025, compared to SAR 2.7 million in the same quarter last year. This came after the announcement today of the financial results for the period ending June 30, 2025.

Operating profit reached SAR 1.2 million in the second quarter of 2025, compared to SAR 4.4 million in the same quarter of the previous year, a decrease of 49.8%.

Earnings per share reached SAR 0.021 in the second quarter, compared to SAR 0.106 in the same quarter of the previous year.

According to the company, the decrease in net profit compared to the same quarter of 2024 is primarily due to lower revenues and lower profit margins.