Lumi Q1 Profit Rises 18.8% to SAR 53.1 Mln

Lumi Rental Co. reported on Wednesday an 18.8% increase in net profit for the first quarter of 2025, reaching SAR 53.1 million, compared to SAR 44.7 million in the same quarter last year. This came after today’s announcement of the preliminary financial results for the (three-month) period ending March 31, 2025.

Operational profit in the first quarter rose 7.4% to SAR 83 million from SAR 77.2 million in the same quarter last year.

Total equity (excluding non-controlling interests) for the three-month period stood at SAR 1.26 billion, up from SAR 1.07 billion in the previous period, an increase of 18%.

Profits per share for the current period reached SAR 0.97, compared to SAR 0.81 in the previous period.