Tadawul trading screen
Tadawul-listed companies, excluding Saudi Aramco, reported an 8% fall in the Q2 2025 aggregate net profit to SAR 38.29 billion, primarily due to the positive results of the petrochemicals and transportation sectors. 
Including Saudi Aramco, the second-quarter combined net profit showed a year-on-year (YoY) 16% slip to around SAR 123.93 billion. While accounting for 69% of aggregate earnings, the Saudi oil giant’s three-month bottom line fell 19% YoY to SAR 85.63 billion, impacted by a drop in prices of oil, chemicals, and refined products.
Aggregate Net Profit* (SAR bln)
Period
Saudi Market
(TASI)
Change
(%)
TASI ex-Aramco
Change
(%)
2024
Q1
136.85
(8%)
33.50
+9%
Q2
147.87
+3%
41.71
+20%
Q3
141.61
(10%)
43.98
+28%
Q4**
131.21
+3%
44.45
+81%
2025
Q1***
136.26
(0.4%)
40.58
+21%
Q2****
123.92
(16%)
38.29
(8%)
*Excluding REITs, Ataa Educational and NCLE due to different fiscal years (FYs), and MRNA on failure to disclose results on time.
**Included net gains from exceptional items totaling SAR 16.5 bln, as follows: SAR 11.6 bln from the distribution of Almarai shares to Savola shareholders; SAR 1.4 bln in provisions related to Savola’s exit from subsidiaries in Iran and Sudan; an incremental provision of SAR 1.2 bln related to SABIC’s subsidiary Clariant; SAR 12.9 bln in gains from the sale of stc’s telecommunications towers subsidiary; and SAR 5.69 bln in losses from recognizing one-off expenses related to the final settlement of Saudi Electricity Co. (SEC).
***Included non-recurring expenses of SAR 1.07 bln on SABIC’s restructuring; SAR 1.06 bln from loan restructuring at Tasnee; SAR 918 mln from a land sale by Jabal Omar Development Co.; SAR 418 mln from the sale of subsidiaries by AYYAN Investment Co.; and SAR 429 mln in restructuring gains; and SAR 200 mln in impairment asset losses by Sipchem.
****Includes non-recurring net losses of SAR 5.28 bln, consisting of an impairment provision of SAR 4.52 bln related to SABIC; non-recurring expenses of SAR 1.08 bln related to flynas IPO; an impairment loss of SAR 0.17 bln for the Noor 3 plant in Morocco; settlement compensation gains of SAR 0.42 bln for ACWA Power; losses of SAR 0.37 bln for Chemanol resulting from asset impairment expenses and additional provisions for subsidiaries; and reversal gains of provisions amounting to SAR 0.21 bln for Nama Chemicals.
Tadawul trading screen
Tadawul-listed companies, excluding Saudi Aramco, reported an 8% fall in the Q2 2025 aggregate net profit to SAR 38.29 billion, primarily due to the positive results of the petrochemicals and transportation sectors.
Including Saudi Aramco, the second-quarter combined net profit showed a year-on-year (YoY) 16% slip to around SAR 123.93 billion. While accounting for 69% of aggregate earnings, the Saudi oil giant’s three-month bottom line fell 19% YoY to SAR 85.63 billion, impacted by a drop in prices of oil, chemicals, and refined products.
Aggregate Net Profit* (SAR bln)
Period
Saudi Market
(TASI)
Change
(%)
TASI ex-Aramco
Change
(%)
2024
Q1
136.85
(8%)
33.50
+9%
Q2
147.87
+3%
41.71
+20%
Q3
141.61
(10%)
43.98
+28%
Q4**
131.21
+3%
44.45
+81%
2025
Q1***
136.26
(0.4%)
40.58
+21%
Q2****
123.92
(16%)
38.29
(8%)
*Excluding REITs, Ataa Educational and NCLE due to different fiscal years (FYs), and MRNA on failure to disclose results on time.
**Included net gains from exceptional items totaling SAR 16.5 bln, as follows: SAR 11.6 bln from the distribution of Almarai shares to Savola shareholders; SAR 1.4 bln in provisions related to Savola’s exit from subsidiaries in Iran and Sudan; an incremental provision of SAR 1.2 bln related to SABIC’s subsidiary Clariant; SAR 12.9 bln in gains from the sale of stc’s telecommunications towers subsidiary; and SAR 5.69 bln in losses from recognizing one-off expenses related to the final settlement of Saudi Electricity Co. (SEC).
***Included non-recurring expenses of SAR 1.07 bln on SABIC’s restructuring; SAR 1.06 bln from loan restructuring at Tasnee; SAR 918 mln from a land sale by Jabal Omar Development Co.; SAR 418 mln from the sale of subsidiaries by AYYAN Investment Co.; and SAR 429 mln in restructuring gains; and SAR 200 mln in impairment asset losses by Sipchem.
****Includes non-recurring net losses of SAR 5.28 bln, consisting of an impairment provision of SAR 4.52 bln related to SABIC; non-recurring expenses of SAR 1.08 bln related to flynas IPO; an impairment loss of SAR 0.17 bln for the Noor 3 plant in Morocco; settlement compensation gains of SAR 0.42 bln for ACWA Power; losses of SAR 0.37 bln for Chemanol resulting from asset impairment expenses and additional provisions for subsidiaries; and reversal gains of provisions amounting to SAR 0.21 bln for Nama Chemicals.
