Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) announced an 18.53% increase in revenue to SAR 38.57 billion in 2025 from SAR 32.54 billion in 2024.
The company attributed the SAR 6.03 billion surge in revenue to higher commodity market prices for phosphate, aluminum and gold business units.
Ma’aden said: “Revenue was further increased due to higher sales volume for phosphate and aluminum business units. This increase in revenue was partially offset by slightly lower sales volume for gold business unit,” according to a bourse disclosure.
The net profits jumped by 155.88% to SAR 7.34 billion in 2025 when compared with SAR 2.87 billion in 2024. This SAR 4.47 billion annual growth resulted from higher gross profit by SAR 5.54 billion (60%) which is attributable to stronger sales prices and higher sales volumes.
Ma’aden added: “Profitability was further supported by an increased share of net profit from joint ventures and an associate, including one‑off bargain purchase gain of SAR 768 million related to Maaden’s investment in Aluminium Bahrain B.S.C. (Alba), as well as lower finance cost.
The earnings per share (EPS) rose to SAR 1.91 in 2025 from SAR 0.78 in the previous year.
Fourth-Quarter Results
In the fourth quarter (Q4) of 2025, Ma’aden reported revenue of SAR 10.64 billion, an increase of 7% year-on-year (YoY) from SAR 9.96 billion.
This led to an EBITDA of SAR 4.62 billion that surged by 30% YoY from SAR 3.54 billion in Q4-24.
The company turned profitable at SAR 1.67 billion in Q4-25, against a net loss of SAR 106 million in Q4-24.
Moreover, the quarter was underpinned by operational performance, coupled with solid commodity prices.
In the first nine months (9M) of 2025, the net profits of Ma’aden hit SAR 5.67 billion, while its revenue soared to SAR 27.93 billion.
