EZDAN (ERES) Q3 2025 earnings summary

Executive summary

• Net profit for the nine months ended 30 September 2025 surged 187.8% year-over-year to QR 587.5 million, with EPS rising to QR 0.022, up from QR 0.008 in the prior year period.

• Total comprehensive income reached QR 581.1 million, compared to QR 201.2 million in the prior year.

• The group completed the sale of an investment property, generating a gain of QR 115.6 million.

• Rental income increased 3.4% year-over-year to QR 1,337 million, and operating profit rose 4.6% to QR 1,151 million.

Financial highlights

• Total assets reached QR 46,790.4 million, up 1% from year-end 2024, while total equity grew to QR 34,189.8 million.

• Finance costs dropped 25.3% year-over-year to QR 613.8 million, and cash and bank balances increased 621% to QR 816.2 million.

• Net cash from operating activities was QR 1,057.2 million, with a net increase in cash and cash equivalents of QR 718.0 million.

• Total segment income for the period was QR 1,529.96 million, up from QR 1,367.28 million.

Outlook and guidance

• Forward-looking statements indicate expectations of continued operational improvement, but management notes risks and uncertainties may impact future performance.

• The group expanded its activities to include land trading and on-the-map selling, in line with amendments to its registration and articles.

• No significant subsequent events were reported after the period end.