Sustained Infrastructure Holding Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 307.3 | 302.4 | 1.62 | 328.8 | -6.538 |
| Gross Profit (Loss) | 160 | 156.8 | 2.04 | 182.1 | -12.136 |
| Operational Profit (Loss) | 102.5 | 97.3 | 5.344 | 129.8 | -21.032 |
| Net profit (Loss) | 19.9 | 10.5 | 89.523 | 24.7 | -19.433 |
| Total Comprehensive Income | 17.8 | 11.9 | 49.579 | 16.7 | 6.586 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 636.1 | 560.1 | 13.569 |
| Gross Profit (Loss) | 342.2 | 289.7 | 18.122 |
| Operational Profit (Loss) | 232.3 | 176.9 | 31.317 |
| Net profit (Loss) | 44.7 | -10.6 | - |
| Total Comprehensive Income | 34.5 | -1.9 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,447 | 1,474 | -1.831 |
| Profit (Loss) per Share | 0.55 | -0.13 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenues increased slightly by 1.6% to SAR 307.3 million in Q2 2025 compared to SAR 302.5 million in Q2 2024. This marginal growth was primarily driven by improved steady growth in the Ports segment and a steep increase in performance within the logistics segment. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit for Q2 2025 increased by SAR 19.9 million, up 89.6% from SAR 10.5 million in Q2 2024, driven by strong performance in the Ports segment and robust results in the logistics segment. Gross profit rose by SAR 3.2 million, while operating costs declined by SAR 2.0 million. Income from equity accounted associates grew by SAR 7.1 million, offset slightly by a SAR 0.9 million increase in finance charges. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue declined by 6.5% from SAR 328.8 million in Q1 2025 to SAR 307.3 million in Q2 2025. The decrease was mainly due to the change in revenue mix in the ports segment. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit declined by 19.2% from SAR 24.7 million in Q1 2025 to SAR 19.9 million. The reason for this decline is as follows: |
• Change in the revenue mix in the ports segment,
• An increase in operating costs in RSGT Bangladesh due to the ramp up of operations, and
• an increase pre-operating costs attributable to the new MPT concessions,
•
However, overall gross and operating margins remained strong. In addition, there was a 25% increase in income from equity accounted associates during the period which also contributed positively to profitability.
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