Nadec Q2 Net Profit Rises 3% to SAR 115.3 Million

National Agricultural Development Co. (Nadec) reported a 3% rise in second-quarter net profit to SAR 115.3 million, compared to SAR 112 million in the same period last year.

Operating profit rose 11% year-on-year to SAR 109.5 million in Q2 2025 from SAR 98 million.

For the six-month period ended June 30, 2025, net profit grew 3% to SAR 219 million, compared to SAR 196 million in the year-ago period. Earnings per share stood at SAR 0.72, up from SAR 0.71.