Riyadh – Mubasher: Ayyan Investment Company achieved net profits worth SAR 366.48 million in the first quarter (Q1) of 2025, shifting from net losses worth SAR 55.91 million in Q1-24.
The company logged earnings per share (EPS) of SAR 3.65 in Q1-25, against a loss per share of SAR 0.69 in the year-ago period, according to the financial results.
Meanwhile, the revenue shrank by 51.13% to SAR 2.54 million during the January-March 2025 period from SAR 5.16 million in Q1-24.
Quarter-on-quarter (QoQ), the company also turned to net profits in Q1-25 versus net losses of SAR 25.64 million in Q4-24, while the revenue decreased from SAR 3.16 million.
In 2024, Ayyan Investment posted an annual decline in net loss to SAR 164.46 million, while its revenue hit SAR 15.43 million.
