Riyadh, Saudi Arabia — Amlak H1 2025 profit surged 91.8% year-on-year to SAR 32.3 million, driven by rising financing income and strategic portfolio growth, the company reported in its Tadawul filing.

Financing Gains and Portfolio Expansion Fuel Growth

Total income from special commission financing rose 35.9% to SAR 277.5 million, supported by a 9.6% increase in the loan book and better pricing yields. Net commission income climbed 53.4% to SAR 164.2 million, pushing total operating profit to SAR 164.7 million.

Although credit loss provisions rose 160% to SAR 32.3 million, stronger collections and improved credit quality helped sustain profit growth.

Q2 Results Confirm Uptrend

In Q2 2025, Amlak earned SAR 20.4 million, marking a 147.7% rise from Q2 2024 and a 71.1% increase from Q1. Revenue reached SAR 139.3 million, up 32.5% year-on-year.

Moreover, total comprehensive income for the half was SAR 26.8 million. Earnings per share improved to SAR 0.32, compared to SAR 0.17 a year earlier. Shareholders’ equity rose to SAR 1.25 billion, while total financing assets reached SAR 4.38 billion.

What This Means for Investors

  • Core strength: Commission income growth outpaced rising expenses.
  • Risk management: Higher provisions did not compromise performance.
  • Growth momentum: Loan book expansion shows steady demand.
  • Shareholder value: Equity remains stable, and EPS continues to improve.

 

 

THE SAUDI STANDARD’S VIEW: Amlak H1 2025 Profit Reflects Robust Momentum in Housing Finance

The 92% rise in Amlak H1 2025 profit to SAR 32.3 million highlights the growing strength of Saudi Arabia’s housing finance sector. This performance reflects rising homeownership demand and a maturing financial environment under Vision 2030.

  • Amlak’s 35.9% increase in financing income and 53.4% rise in net commission income confirm its ability to deploy a growing portfolio into higher-yield assets. The financing book reached SAR 4.38 billion, up 9.6% year-on-year.
  • Thanks to improved credit performance and careful risk controls, the company maintained strong profits despite higher credit provisions.
  • Quarterly profit more than doubled year-on-year, and EPS nearly doubled to SAR 0.32—clear signs of earnings momentum.
  • Amlak’s stable equity base and continued portfolio expansion show its essential role in offering asset-backed, Shariah-compliant financing to meet evolving housing needs.

In conclusion, Amlak’s H1 results show that non-bank financial institutions can support homeownership and economic diversification in Saudi Arabia. The company’s performance underscores its growing role in a resilient, inclusive, and expanding housing finance market.

 

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