GROUP FIVE PIPE SAUDI-

Group Five Pipe Saudi saw its net income jump 1,259.7% y-o-y in 1H 2025 to SAR 125.2 mn, up from SAR 9.2 mn, on the back of strong volume growth and a decrease in production costs, it said in a disclosure to Tadawul on Thursday. Revenue grew 145.3% y-o-y to SAR 922.3 mn over the same period, thanks to a surge in sales volumes.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

DAR AL MAJED-

Dar Al Majed Real Estate Company (Al Majdiah) posted a 103.7% y-o-y rise in net income to SAR 110.3 mn in 2Q 2025, Argaam reported on Thursday. Revenue jumped 53.3% y-o-y to SAR 424.6 mn during the same quarter.

On a 1H basis, the company’s net income increased 106.9 y-o-y to SAR 212.2 mn, while its revenue inched up 1.5% y-o-y to SAR 693.1 mn.

Tags: