Riyadh - Mubasher: The net losses attributable to the owners of Lazurde Company for Jewelry reached SAR 42.20 million in 2025, compared to net profits amounting to SAR 11.70 million a year earlier.
The loss per share hit SAR 0.73 last year, against an earnings per share (EPS) of SAR 0.20 in 2024, according to the financial results.
Net sales increased by 37.76% year-on-year (YoY) to SAR 2.90 billion in 2025 from SAR 2.10 billion.
Operating revenues recorded the highest level in the company’s history at SAR 540.40 million, while total operating gross profit rose by 14% to SAR 323.60 million, the highest gross profit level achieved since 2016.
In the first nine months (9M) of 2025, L'azurde turned to net losses worth SAR 16.80 million, against net profits of SAR 24.80 million in 9M-24.
