SENAAT-

Advanced Building Industries (Senaat) saw its net income rise to SAR 28.2 mn in 3Q 2025, up from SAR 7.1 mn in the same period a year earlier, it said in a disclosure to Tadawul. The increase was partially driven by higher gross and operating income in the steel and insulation sectors. Meanwhile, revenue dipped 3.9% y-o-y to SAR 1.58 bn over the same period on lower sales in the air conditioning and construction sectors.

In the first nine months of 2025, Senaat’s net income grew y-o-y to SAR 77.2 mn from SAR 18.6 mn, while its revenue rose 6.4% to SAR 4.6 bn.

TASNEE-

The National Industrialization Company (Tasnee) moved into the red in 3Q 2025, recording a net loss of SAR 558.5 mn, compared to a net income of SAR 89 mn in the same period last year, it said in a disclosure to Tadawul yesterday.

Revenue also declined 16.5% y-o-y to SAR 859.7 mn over the same period, weighed down by lower selling prices and volumes across most products, the share of losses from joint ventures and associates, a SAR 367 mn impairment of investment in Tronox Holdings, lower finance income, and higher zakat expenses.

On a 9M basis, Tasnee’s net income jumped 289% y-o-y to SAR 271 mn, while its revenue slipped 9.5% y-o-y to SAR 2.5 bn.

MAHARAH HUMAN RESOURCES-

Maharah Human Resources’ net income jumped 96.3% y-o-y to SAR 44.5 mn in 3Q 2025, according to a disclosure to Tadawul. Revenue grew 41.4% y-o-y to SAR 789.7 mn over the same period, aided by 51% growth across its corporate segments and 19% growth across individual segments.

On a 9M basis, the company’s net income increased 7.4% y-o-y to SAR 133.3 mn, while its revenue climbed 39.8% y-o-y to SAR 2.3 bn.

TANMIAH FOOD-

Tanmiah Food swung into the red in 3Q 2025 with a net loss of SAR 15.8 mn, compared to a net income of SAR 24.1 mn in the same quarter a year earlier, the company said in a disclosure to Tadawul. The drop came due to pricing pressures in the fresh poultry segment, inflationary costs, and higher financing expenses. Meanwhile, revenue declined 6.6% y-o-y to SAR 614.2 mn during the quarter, impacted by weaker sales in the animal feed and health products segment.

In the first nine months of 2025, Tanmiah’s net income fell 94.8% y-o-y to SAR 3.6 mn, while its revenue rose 3.3% y-o-y to SAR 1.9 bn.

JAHEZ INTERNATIONAL-

Jahez International Company for Information Technology saw its net income fall 21.9% y-o-y to SAR 62.6 mn in 3Q 2025, weighed down by weaker order volumes and softer food delivery demand amid increased market competition, it said in a disclosure to Tadawul. Revenue slipped 11.3% y-o-y to SAR 533.3 mn in the quarter as gross merchandise value dropped during the summer season.

In the first nine months of 2025, the company’s bottom line shed 1.1% y-o-y to SAR 121.5 mn, while its top line marginally inched up to SAR 1.6 bn.

RETAL-

Our friends at Retal Urban Development saw their net income jump 48.3% y-o-y to SAR 65.7 mn in 3Q 2025, driven by higher completion rates on ongoing development projects, the developer said in a disclosure to Tadawul yesterday. Revenue rose 32.5% y-o-y to SAR 676.4 mn over the same period, marking the company’s highest quarterly revenue since inception.

On a 9M basis, the company’s net income increased 13.5% y-o-y to SAR 211.6 mn, while its revenue grew 17.4% y-o-y to SAR 1.7 bn.

ALSO- Retal Urban signed a SAR 927 mn contract with its 80%-owned subsidiary BuildingConstruction Limited to build 901 residential villas for Jubail and Yanbu Industrial Cities Services Company in Jubail city, it said in a separate disclosure yesterday. The turnkey project, which has no preferential terms, will take 27 months to be completed.

ALKHORAYEF WATER-

Alkhorayef Water and Power Technologies’ net income increased 73.2% y-o-y to SAR 69.6 mn in 3Q 2025, according to a disclosure to Tadawul. Revenue grew 33.5% y-o-y to SAR 601.6 mn during the quarter, driven by growth in the wastewater, water, and integrated water solutions segments, supported by new projects.

On a 9M basis, the company’s net income climbed 18.3% y-o-y to SAR 189.4 mn, while its revenue rose some 40% y-o-y to SAR 1.9 bn.

AL HAMMADI HOLDING-

Our friends at Al Hammadi Holding’s net income dropped 34.4% y-o-y to SAR 51.9 mn in 3Q 2025, mainly weighed down by higher employee costs, operating expenses, and credit loss provisions, it said in a disclosure to Tadawul yesterday. Revenue edged up 1.5% y-o-y to SAR 294.9 mn, driven by a 20.9% increase in pharma sales, which helped offset lower patient footfall in medical services during the extended summer holiday.

On a 9M basis, the company’s net income declined 28.1% y-o-y to SAR 187.8 mn, while its revenue grew 7.7% y-o-y to SAR 895 mn.

Dividends: Al Hammadi’s board approved a SAR 32 mn dividend payout for 3Q 2025 at SAR 0.2 apiece, it said in a separate disclosure. The distribution date is set for Thursday, 27 November.

ALSO-The company’s board approved a new dividend policy starting from 3Q 2025, under which the company plans to distribute at least 60% of its quarterly net income to shareholders over the next four years, it said in a separate disclosure. The policy is still subject to shareholders’ approval at the next general assembly meeting.

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