SAIB-
Saudi Investment Bank (Saib) saw its net income rise 13.8% y-o-y to SAR 503.3 mn in 1Q 2025, on the back of a 5.5% rise in total operating income and a 3.1% decrease in total operating expenses, according to a disclosure to Tadawul. The bank’s total income from financing increased 10.2% y-o-y to SAR 1.7 bn during the period, while its total income from investment rose 11.9% y-o-y to SAR 550.2 mn.
YANSAB-
Yanbu National Petrochemical Co. (YANSAB) reported a net income of SAR 13.7 mn in 1Q 2025, dipping 86.2% y-o-y, due to increasing input costs and decreasing average sales prices, it said in a disclosure to Tadawul.
Despite lower prices, revenue rose 8.7% to SAR 1.5 bn over the same period on the back of higher sales volumes.
FIRST MILLS-
First Mills’ bottom line rose 2.5% in 1Q 2025 to SAR 79.7 mn as a result of growing flour and feed sales and a decrease in financial costs, according to a disclosure to Tadawul. Revenue also rose 2.6% y-o-y to SAR 283.6 mn on the back of rising sales of flour and feed, which were slightly offset by a decline in bran sales, and a small decline in operating income.