Publisher: Maaal International Media Company
License: 465734
Qomel Company reported a 7.6% increase in net profit for the first half of 2025, reaching SAR 11.8 million, compared to SAR 11 million in the same period of 2024, according to its financial results for the six months ended June 30, 2025.
Total shareholders’ equity (excluding non-controlling interests) stood at SAR 116.8 million, up 11.2% from SAR 105 million in the prior-year period.
Earnings per share (EPS) came in at SAR 2.80 for H1 2025, down from SAR 3.52 a year earlier.
In a statement on Tadawul, the company attributed the profit growth to improved operating performance, driven by a rise in sales volumes, continued strong performance of its existing product lines, and growing demand in its target markets.