Monday, 11 August 2025

Al-Mawarid Q2 profit jumps 39% on higher operating income

Al Mawarid Manpower Company’s net profit rose 39% to SAR 32.3 million in Q2 2025, compared to SAR 23.2 million in the same quarter last year. This came after today’s announcement of the financial results for the period ending June 30, 2025.

Operational profit climbed 35% to 34.9 million riyals, compared with 25.8 million riyals in the same period last year, the company said in a bourse filing.

For the first six months of 2025, net profit increased 30% to 62.3 million riyals, from 49.6 million riyals in the year-ago period.

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Earnings per share rose to 4.15 riyals in the second quarter, from 3.31 riyals a year earlier.

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