Savola, Saudi Chemical, Dar Alarkan, and more post 2025 earnings

Savola Group

Savola Group’s net income dropped 91.2% y-o-y to SAR 874.5 mn in 2025, it said in a disclosure to Tadawul. The decline was mainly due to the absence of a one-time gain from the 2024 sale of Savola’s 34.52% stake in Almarai, alongside lower earnings from associates and higher operating costs from expanding stores.

Revenue rose 13.2% y-o-y to SAR 26.1 bn, supported by retail growth from store openings, stronger food processing sales — including the consolidation of United Sugar Company of Egypt — and a 5.9% jump in its frozen foods segment, which helped offset weaker performance in food services.

Dividends: The company’s board recommended the distribution of SAR 510 mn in dividends for 2025 at SAR 1.7 per share, it said in a separate disclosure. The distribution date has yet to be announced.

Saudi Chemical Company

Saudi Chemical Company posted a 15.1% y-o-y climb in net income to SAR 335.3 mn in 2025, thanks to higher sales volumes and lower expected credit losses on trade receivables, it said in a disclosure to Tadawul. Revenue rose 7.9% y-o-y to SAR 6.8 bn.

Dar Alarkan

Dar Alarkan Real Estate Development’s net income grew 40.5% y-o-y to SAR 1.1 bn in 2025, it said in a disclosure to Tadawul. Its top line rose 3.8% y-o-y to SAR 3.9 bn. The results were spurred by higher property and lease sales coupled with lower operating costs and higher returns from associates and Murabaha deposits, which mitigated the impact of increased financing expenses.

Walaa Cooperative Ins.

Walaa Cooperative Ins. swung to a net loss of SAR 175.8 mn in 2025 from a net income of SAR 64.3 mn a year earlier, it said in a Tadawul disclosure. The decline was driven by wider ins. service losses combined with weaker investment income and higher operating expenses. Revenues also edged down 7.2% y-o-y to SAR 3.1 bn over the year, mainly due to lower contributions from medical, motor, energy, engineering, and P&S non-linked segments, partially offset by growth in property and other general ins.

Astra Industrial Group

Astra Industrial Group’s net income rose 13.1% y-o-y to SAR 666.8 mn in 2025, supported by higher gross income from pharma and steel sales, lower financing costs in specialty chemicals, and income from an unconsolidated subsidiary, it said in a Tadawul disclosure. Meanwhile, revenue inched up 0.3% y-o-y to SAR 3.1 bn.

SMC Healthcare

Specialized Medical Company (SMC Healthcare) posted a 43.7% y-o-y rise in its net income in 2025 to SAR 266.2 mn, which management attributed to the structural benefits and operation leverage of scaling outpatient operations, it said in a disclosure to Tadawul. The firm’s top line surged 7% y-o-y to SAR 1.5 bn, due to a strategic pivot from long-term care toward high-performing acute inpatient and outpatient services.

Dividends: The company’s board recommended a dividend payout of SAR 0.32 per share for its 2025 earnings, amounting to SAR 80 mn.

Nayifat Finance

Nayifat Finance recorded a net loss of SAR 126.3 mn last year, down from a net income of SAR 131.2 mn in 2024, the company said in a disclosure to Tadawul. This came on the back of higher-than-expected credit loss provisions stemming from a write-off of personal and SME Islamic financing receivables and a new ECL estimation methodology. The firm’s revenues dropped 6.6% y-o-y to SAR 341.2 mn.