Milaha (QNNS) Q3 2025 earnings summary

Executive summary

• Operating revenues for the nine months ended 30 September 2025 increased to QR 2,457,959 thousand, up from QR 2,131,019 thousand year-over-year.

• Net profit attributable to equity holders rose to QR 1,057,860 thousand from QR 917,384 thousand in the prior year period.

• Total comprehensive income attributable to equity holders reached QR 997,225 thousand, compared to QR 597,647 thousand year-over-year.

Financial highlights

• Operating profit before impairments was QR 515,675 thousand, up from QR 445,378 thousand year-over-year.

• Basic and diluted earnings per share increased to QR 0.93 from QR 0.81 year-over-year.

• Cash and cash equivalents at period end were QR 343,135 thousand, up from QR 290,455 thousand a year earlier.

• Net cash flows from operating activities were QR 926,996 thousand, compared to QR 605,575 thousand in the prior year period.

Outlook and guidance

• The results for the nine-month period are not necessarily indicative of the full year ending 31 December 2025.

• Management is assessing the impact of new accounting standards to be adopted in future periods.