Al -Bahri’s profits decreased to 407.45 million riyals in the second quarter

The profits of the Saudi National Maritime Transport Company decreased in the second quarter of 2025 by 44.4% to 407.45 million riyals, compared to 733.19 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the main reason for a decrease in net profit during the current quarter is compared to the same quarter of the previous year to:
– The total profit decreased by 209 million riyals, as a result of the decrease in the global transportation prices for some sectors in the group, and the total profit for the marine sector for chemicals decreased by 171 million riyals, and the marine sector for integrated logistics services in the amount of 28 million riyals during the current quarter compared to the same quarter of the previous year.
– Other revenues decreased by 66 million riyals during the current quarter compared to the same quarter of the previous year, as a result of the similar quarter of the previous year, capital gains from selling ships at 76 million riyals, while capital gains did not achieve due to the exclusion of assets during the current quarter.
– The increase in financing expenses by 38 million riyals during the current quarter compared to the same quarter of the previous year.
– The increase in public and administrative expenses by 37 million riyals during the current quarter compared to the same quarter of the previous year.
– Low profits from the company’s share in companies invested in it in the manner of property in the amount of 28 million riyals during the current quarter compared to the same quarter of the previous year.
The main reason for a decrease in net profit during the current quarter compared to the previous quarter is:
– Low profits from the company’s share in companies invested in the manner of property rights in the amount of 101 million riyals during the current quarter compared to the previous quarter.
– The increase in public and administrative expenses by 57 million riyals during the current quarter compared to the previous quarter.
– The increase in financing expenses by 36 million riyals during the current quarter compared to the previous quarter.
Unifies the net profit:
– The total profit for the group increased by 48 million riyals, as a result of the high global transportation prices and the improvement of operational performance for some sectors, especially the oil oil sector, which increased by 78 million riyals during the current quarter compared to the previous quarter.
The main reason for a decrease in net profit during the first half, compared to the similar period of the previous year to:
– The total profit decreased by 260 million riyals, as a result of the decrease in the global transportation prices for some sectors of the group, and the overall profit for the marine sector for chemicals decreased by 268 million riyals, and the marine sector for oil at 29 million riyals during the current period compared to the same period in the previous year.
– Other revenues decrease in the amount of 77 million riyals during the current period compared to the same period in the previous year, as a result of the similar period in the previous year, capital gains from selling ships in the amount of 98 million riyals compared to only 7 million riyals during the current period.
– The increase in public and administrative expenses by 57 million riyals during the current period compared to the same period in the previous year.
– The decrease in financing revenues by 23 million riyals during the current period compared to the same period in the previous year.
Unifies the net profit:
– The increase in profits from the company’s share in companies invested in it in the manner of ownership in the amount of 125 million riyals during the current period compared to the similar period of the previous year.
– The overall profit for the marine sector for integrated logistics services increased by 37 million riyals, as a result of the improvement of operational operations for the sector during the current period compared to the same period in the previous year.