Tadawul Group Q1 Profit Falls 40.2% to SAR 120.5 Mln

Saudi Tadawul Group Holding Co. reported on Sunday a 40.2% decline in net profit for the first quarter, reaching SAR 120.5 million, compared to SAR 201.5 million in the same quarter a year earlier. The announcement came alongside the company’s preliminary financial results for the (three-month) period ending March 31, 2025.

Operational profit in the first quarter dropped 44% to SAR 107.6 million from SAR 192.3 million in the year-ago period.

Total equity (excluding non-controlling interests) for the three-month period rose 7.6% year-on-year to SAR 3.5 billion, compared to SAR 3.3 billion in the previous period.

Profits per share for the current period stood at SAR 1, down from SAR 1.68 in the previous period.