Riyadh – Mubasher: Saudi Arabian Mining Company (Maaden) recorded net profits worth SAR 5.67 billion during the first nine months (9M) of 2025, which were 90.68% higher than SAR 2.97 billion in 9M-24.
The earnings per share (EPS) rose to SAR 1.48 as of 30 September 2025 from SAR 0.81 in the corresponding period a year earlier, according to the financial results.
The company generated 23.74% higher revenue at SAR 27.93 billion in January-September 2025 when compared with SAR 22.57 billion in 9M-24.
Financial Results for Q3
In the third quarter (Q3) of 2025, Maaden posted a 126.98% surge in net profit to SAR 2.20 billion from SAR 971.78 million in Q3-24.
The revenues increased by 24.44% to SAR 10.01 billion in July-September 2025 compared to SAR 8.04 billion in the same period a year ago.
On a quarterly basis, the Q3-25 net profits of Maaden signaled a 14.74% growth from SAR 1.92 billion in Q2-25 while the revenues rose by 6.32% from SAR 9.41 billion.
Maaden CEO, Bob Wilt, said: “We’ve powered through this quarter and 2025 with solid execution and strong momentum across every growth initiative.”
Wilt noted: “Our operations remain steady with DAP production near record levels, aluminum output solid, and gold production increasing this quarter. Phosphate 3 Phase 1 has passed the halfway mark — on time and on budget — demonstrating our ability to deliver at scale. At Ar Rjum, we’ve awarded the EPCM contract and secured land in Al Muwayh to support local communities and teams.”
The CEO added: “Looking ahead, Maaden is primed to meet our 2025 goals with pace. We’ll continue driving strategic growth, advancing our project pipeline, accelerating exploration, and integrating technology across the organization.”
Wilt concluded: “As we enter our next growth phase, we’re building a sustainable, world-class company that supports Saudi Arabia’s Vision 2030 — delivering long-term value for our people and shareholders.”
