Ades Holding Co. announces its Annual Financial results for the period ending on 2025-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 6,688,959 | 6,199,022 | 7.9 | ||
| Gross Profit (Loss) | 2,533,091 | 2,357,649 | 7.44 | ||
| Operational Profit (Loss) | 2,046,142 | 1,933,309 | 5.84 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 818,016 | 802,498 | 1.93 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 720,395 | 871,402 | -17.33 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 6,780,163 | 6,492,791 | 4.43 | ||
| Profit (Loss) per Share | 0.74 | 0.73 | |||
| All figures are in (Thousands) 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 (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | ADES recorded robust revenues of SAR 6.7 billion in FY 2025, reflecting an increase of 7.9% y-o-y VS 2024. This reflects the Group’s operational excellence across its core markets, alongside the initial contributions from recently entered geographies and the acquisition of Shelf Drilling in late November 2025. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit increased by 2.0% year-over-year to SAR 832.9 million in FY 2025, with net profit margin at 12.5% compared to 13.2% in FY 2024, reflecting increased depreciation and interest expenses relative to revenue during the year, as well as a gain on equity instruments designated at fair value through profit or loss recognized in the third quarter, which was largely offset by acquisition-related transaction costs. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | Unmodified conclusion |
| Reclassification of Comparison Items | N/A |
| Additional Information | * EPS is calculated based on the weighted average number of ordinary shares of 1,101,446 thousands shares in year 2025 compared to 1,097,325 thousands shares during 2024. |
**Operating profit is calculated as Gross profit less General and administrative expenses.
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