Riyadh - Mubasher: Makkah Construction and Development Company logged 15.33% year-on-year (YoY) higher net profits attributable to the owners at SAR 474 million in 2025, compared to SAR 411 million.
The earnings per share (EPS) grew to SAR 2.37 in January-December 2025 from SAR 2.05 in the previous year, according to the income statements.
Revenues amounted to SAR 1.07 billion at the end of 2025, an annual jump of 28.23% from SAR 836 million.
Saleh Mohammed bin Laden, the Chairman of Makkah Construction, said: “The year 2025 marked another important milestone for the company, as we achieved record revenues and net income.”
“A key milestone during the year was the completion of an important phase of the hotel renovation ahead of Ramadan, ensuring upgraded facilities were available during the peak season,” the chairman added.
He noted: “We also continued to make solid progress in enhancing the commercial mall, including improvements to the tenant mix and the creation of additional leasable space.”
Annual Dividends
The board members of Makkah Construction recommended cash dividends totaling SAR 300 million to 200 million eligible shares for 2025.
The Tadawul-listed company will pay out a dividend of SAR 1.50 per share, representing 15% of the nominal share value. Meanwhile, the eligibility and distribution dates will be announced later.
Bin Laden commented: “Reflecting the company’s strong performance and financial position, the board has recommended a cash dividend of SAR 1.50 per share, reaffirming our commitment to delivering sustainable returns to shareholders while continuing to invest in future growth.”
During the first nine months (9M) of 2025, Makkah Construction generated an annual rise of 16.92% in net profit to SAR 380 million, compared with SAR 325 million.
