International Human Resources Co. announces its Interim Financial results for the period ending on 2025-06-30 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 143,837,112 | 76,488,605 | 88.05 | ||
| Net profit (Loss) | 4,834,691 | 3,273,917 | 47.672 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 54,294,625 | 49,419,188 | 9.865 | ||
| Profit (Loss) per Share | 0.1 | 0.07 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | TThe company's consolidated revenues for the first half of 2025 increased by SAR 67.3 million, an increase of 88% compared to the same period of the previous year. This increase is mainly due to:
The company achieved an 88% increase in revenues compared to the previous year as a result of the company’s expansion in the manpower support sector, through increasing the number of workers for existing projects, as well as signing strategic contracts with new clients in the same sector. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The company achieved a 47.7% increase in net income for the current year compared to the same period last year. This increase is due to the following reasons:
The company's revenues increased by 88% compared to the same period of the previous year.
Gross profit for the current period increased by 47.7% compared to the same period of the previous year. This is due to the increase in gross profit in the following sectors (Manpower Support Services Sector - Recruitment Sector, Consulting Services Sector) as a result of the increase in demand in these sectors. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Some comparative figures have been reclassified to be consistent with the presentation of the current period |
| Additional Information | Basic/diluted earnings per share attributable to common shareholders of the parent company is calculated by dividing the net profit for the period attributable to common shareholders of the parent company by the weighted average number of shares outstanding during the period, which is 50,000,000 shares. There are no shares issued and/or diluted during the period, so diluted earnings per share is the same as basic earnings per share. |
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