Riyadh – Mubasher: The net losses of Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail) hit SAR 83.20 million in the first half (H1) of 2025, higher by 23.07% year-on-year (YoY) than SAR 67.60 million.
The revenues grew by 2.03% to SAR 2.46 billion as of 30 June 2025 from SAR 2.41 billion in H1-24, according to the initial financial results.
Loss per share amounted to SAR 0.75 in H1-25, compared to SAR 0.62 in H1-24.
Accumulated losses reached SAR 1.69 billion at the end of June 2025, representing 147.50% of the capital.
Results for Q2-25
In the second quarter (Q2) of 2025, Cenomi Retail shifted to net losses valued at SAR 85 million, compared to net profits of SAR 84.10 million in Q2-24.
Revenues dropped by 7.01% to SAR 1.12 billion in Q2-25 from SAR 1.21 billion in April-June 2024.
Quarterly, the company turned to net losses in Q2-25 against net profits of SAR 1.80 million in January-March 2025, while the revenues plummeted by 15.47% from SAR 1.33 billion.
