Jabal Omar Development Company (4250) Q3 2025 earnings summary

Executive summary

• Achieved a net profit of SR 1.10 billion for the nine months ended 30 September 2025, compared to a net loss of SR 151 million in the prior year period.

• Revenue increased to SR 1.57 billion, up 7% year-over-year, driven by property sales and hotel operations.

• Significant gains from land sales contributed SR 1.47 billion to other operating income.

• Impairment charges on non-financial assets totaled SR 445.5 million for the nine-month period.

Financial highlights

• Gross profit for the nine months was SR 527 million, up from SR 512 million year-over-year.

• Operating profit reached SR 1.44 billion, compared to SR 296 million in the prior year.

• Basic and diluted EPS for the nine months was SR 0.93, versus a loss per share of SR 0.13 last year.

• Cash and cash equivalents at period end were SR 1.86 billion, up from SR 897 million at the start of the year.

• Net cash from operating activities was SR 36.7 million, with investing activities generating SR 2.64 billion, and financing activities using SR 1.71 billion.

Outlook and guidance

• Management expects continued positive cash flow, supported by further planned asset sales and operational improvements.

• No material uncertainties identified regarding the Group’s ability to continue as a going concern.