Executive Summary
Arabian Plastic Industrial Company Limited reported a solid QQ2 2025 performance with revenue of SAR 49,763,753 and a notable YoY revenue uplift of 15.16%. Gross profit rose to SAR 12,545,948, lifting gross margin to 25.21% and contributing to an EBITDA of SAR 10,105,037 and a net income of SAR 5,301,006 (EPS SAR 0.71). The result signals improved operating efficiency and favorable product mix dynamics within the Saudi plastics and packaging market, with net income almost doubling versus the prior year.
Key Performance Indicators
Key Insights
Revenue: SAR 49,763,753; YoY +15.16%; QoQ 0.00%. Gross Profit: SAR 12,545,948; YoY +70.54%; QoQ 0.00%. EBITDA: SAR 10,105,037; EBITDA margin 20.31%. Operating Income: SAR 7,360,035; Operating margin 14.79%; YoY operating income up 97.54%. Net Income: SAR 5,301,006; Net margin 10.65%; YoY net income +99.94%; EPS: SAR 0.71; YoY EPS +33.96%. Gross Margin: 25.21%; Operating Margin: 14.79%; Pre-tax Margin: 11.15%; Net Margin: 10.65%; Effective Tax Rate: 4.50%. Liquidity and Leverage: Current Ratio 1....
Financial Highlights
Revenue: SAR 49,763,753; YoY +15.16%; QoQ 0.00%. Gross Profit: SAR 12,545,948; YoY +70.54%; QoQ 0.00%. EBITDA: SAR 10,105,037; EBITDA margin 20.31%. Operating Income: SAR 7,360,035; Operating margin 14.79%; YoY operating income up 97.54%. Net Income: SAR 5,301,006; Net margin 10.65%; YoY net income +99.94%; EPS: SAR 0.71; YoY EPS +33.96%. Gross Margin: 25.21%; Operating Margin: 14.79%; Pre-tax Margin: 11.15%; Net Margin: 10.65%; Effective Tax Rate: 4.50%. Liquidity and Leverage: Current Ratio 1.014; Quick Ratio 0.577; Cash Ratio 0.049; Debt Ratio 0.336; Debt to Capitalization 0.399; Interest Coverage 2.47x. Cash Flow and Returns: Operating Cash Flow per Share SAR 3.32; Free Cash Flow per Share SAR 1.677; Cash per Share SAR 0.728; Operating Cash Flow to Sales 0.501; Free Cash Flow to Operating Cash Flow 0.505. Valuation and Multiples: P/E 14.44x; P/B 2.56x; P/S 6.15x; Enterprise Value Multiple 37.62x; Price to Cash Flow 12.29x; Price to Free Cash Flow 24.34x. Efficiency: Receivables Turnover 0.986x; Inventory Turnover 0.765x; Payables Turnover 1.354x; Asset Turnover 0.210x. Note: Earnings Transcript is not provided in this dataset; thus no management quotes are included here.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
49.76M |
15.16% |
0.00% |
| Gross Profit |
12.55M |
70.54% |
0.00% |
| Operating Income |
7.36M |
97.54% |
0.00% |
| Net Income |
5.30M |
99.94% |
0.00% |
| EPS |
0.71 |
33.96% |
0.00% |
Key Financial Ratios
operatingProfitMargin
14.8%
operatingCashFlowPerShare
$3.32
freeCashFlowPerShare
$1.68
Management Commentary
No earnings call transcript is provided for QQ2 2025. Consequently, management quotes and theme-based insights are not available in this dataset.
Forward Guidance
No explicit guidance was disclosed in the provided dataset for QQ2 2025. In a qualitative view, the near-term trajectory will depend on: (1) demand dynamics in packaging and consumer goods manufacturing within Saudi Arabia and the GCC, (2) input cost stability for resins and energy, (3) the company's ability to optimize product mix to improve gross margins, and (4) working capital management to reduce the cash conversion cycle. Given the current margin gap versus select peers and the tight liquidity metrics, management may prioritize cost controls, inventory optimization, and capex efficiency to sustain cash generation. Investors should monitor raw material price trends, supply chain costs, and any announced capacity or efficiency initiatives that could lift margins over the next 2â3 quarters.