ZAMIL INDUSTRIAL INVESTMENT-

Zamil Industrial Investment’s net income jumped 301.9% y-o-y to SAR 21.8 mn in 1Q 2025 on the back of a decline in financial costs and a strong operating performance across the AC, construction, and insulation sectors, it said in a disclosure to Tadawul.

MEANWHILE- Revenue rose 16.5% y-o-y to SAR 1.5 bn during the same period, driven by broad-based growth across key sectors, including 62% in insulation, 29% in construction, 20% in AC, and 7% in steel.

KINGDOM HOLDING-

Kingdom Holding posted a 119.9% y-o-y increase in net income to SAR 431.6 mn in 1Q 2025, driven by higher contributions from equity-accounted investees’ results and other net gains, in addition to lower costs — including zakat, financial charges, and G&A, it said in a disclosure to Tadawul. These gains offset a drop in investment property sale proceeds, finance income, and hotel revenues. Revenue rose 31.4% y-o-y to SAR 741.5 mn over the same period, thanks to higher dividend income, offsetting rising hotel operating revenues.

AL AKARIA-

Saudi Real Estate Company’s (Al Akaria) net income significantly rose to SAR 135.2 mn in1Q 2025from SAR 2.9 mn in the same period last year, according to its latest earnings release (pdf). This came on the back of a 794% increase in gross income from property sales and a similar 86% increase from infrastructure projects.

MEANWHILE- Revenue rose 46.9% y-o-y to SAR 628.1 mn during the quarter, driven by a 513% increase in property sales and an 8% increase in rental revenues.

SAUDI MANPOWER SOLUTIONS-

Saudi Manpower Solutions (Smasco) saw its net income rise 5.7% y-o-y to SAR 40.5 mn in 1Q 2025, driven by higher gross income and strong demand across core business segments, according to a disclosure to Tadawul. Revenue grew 4.3% y-o-y to SAR 497.9 mn during the quarter, supported by a 2% increase in the business sector and an 11% rise in the individuals sector, offsetting a 4% decline in other sectors due to fluctuations in secondary services.

AL YAMAMAH STEEL INDUSTRIES-

Al Yamamah Steel Industries posted a 28.1% y-o-y decrease in net income to SAR 21.9 mn in 1Q 2025, weighed down by lower selling prices and higher selling costs in the construction segment, according to a disclosure to Tadawul. Revenue rose 3.2% y-o-y to SAR 512.7 mn during the same period, supported by higher sales volumes and selling prices in the electricity and renewable energy sectors.

RED SEA INTERNATIONAL COMPANY-

The Red Sea International Company narrowed its net loss to SAR 4.5 mn in 1Q 2025, compated to SAR 12 mn in the same period last year, buoyed by higher sales and efficiency, according to a disclosure to Tadawul. Revenue rose 6.3% y-o-y to SAR 700.7 mn during the same period.

TANMIAH FOOD-

Tadawul-listed Tanmiah Food reported a net income of SAR 18.9 mn in 1Q 2025, slipping 10% y-o-y due to lower poultry selling prices and higher diesel prices and financial costs, it said in its latest earnings release (pdf).

Revenue rose 16.5% y-o-y to SAR 677.1 mn over the same period, on the back of higher sales volumes across poultry, animal feed, and health projects.

ALSO- Tanmiah’s BoD recommended the distribution of SAR 44.8 mn in dividends for FY 2024 at SAR 2.24 apiece, according to a disclosure to Tadawul. The distribution date is yet to be announced.

ARABIAN CONTRACTING SERVICES-

Outdoor advertising firm Arabian Contracting Services saw its net income drop 52.2% y-o-y to SAR 48.2 mn in 1Q 2025, due to Remat concession liability interests, according to a disclosure to Tadawul. In contrast, revenue increased 23.8% y-o-y to SAR 543.7 mn over the same period, boosted by advertising network expansion, ongoing digital transformation, and stronger advertising operations at King Khalid International Airport.

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