Al Hassan Ghazi Ibrahim Shaker Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )

Other revenue grew by 147.8% YoY, which reflecting the growth from new ventures.

Gross Profit:

Gross profit rose by 11.3% YoY to SAR 92.62 million in Q2 2025, supported by revenue growth, a more favourable product mix, and improved cost control.

Operating Profit:

Operating income rose by 70.7% YoY to SAR 19.69 million, driven by the continuous improvement in cost management and more efficient resource allocation.

Net Profit:

Net profit increased by 21.0% YoY to SAR 19.90 million, supported by stronger operating performance and lower finance costs, which helped offset the reduced share of profit from an associate.

The Home Appliances segment declined by 1.7% YoY due to a softer Q2 performance. The other revenue grew by 206.5% YoY, reflecting the growth from new ventures.

Gross Profit:

Gross profit increased by 6.8% YoY to SAR 193.25 million in H1 2025, supported by higher revenues and optimization of the portfolio mix, alongside efficient management of cost of Sales.

Operating profit:

Operating income rose by 4.4% YoY to SAR 44.76 million, driven by the continuous improvement in cost management and a more efficient allocation of resources. The Company also continued to invest in strengthening its talent base to support future growth.

Net profit:

Net profit for the first half of 2025 was SAR 47.10 million, a 3.3% decline compared to the same period last year. The decrease was primarily driven by lower contributions from associates, partly offset by reduced finance costs from lower debt and improved capital efficiency.