Riyadh - Mubasher: National Agricultural Development Company (Nadec) generated net profits totaling SAR 329.35 million during the first nine months (9M) of 2025, up 0.84% from SAR 326.59 million in 9M-24.

Earnings per share (EPS) grew to SAR 1.09 as of 30 September 2025 from SAR 1.08 in the same period a year ago, according to the financial results.

The Tadawul-listed firm posted an annual rise of 10.11% in revenues to SAR 2.68 billion in 9M-25, compared with SAR 2.43 billion.

Financial Results of Q3

During the third quarter (Q3) of 2025, Nadec logged 2.39% lower net profits valued at SAR 110.67 million, compared to SAR 113.38 million in Q3-24.

Revenues reached SAR 843.61 million in Q3-25, signaling a 6.63% year-on-year (YoY) increase from SAR 791.09 million.

Quarterly, the Q3-25 net profits decreased by 3.98% compared to SAR 115.26 million in the April-June 2025 period, while the revenues went up by 1.58% from SAR 830.47 million.