The real estate companies listed on the Saudi Stock Exchange recorded an exceptional jump in their profits during the third quarter of 2025, achieving the highest growth rate among all market sectors by 633.7% year-on-year. The sector's net profit rose to SAR 1.858 billion compared to SAR 253.3 million in the same period of 2024, as a result of the improved performance of 9 companies and the transformation of 4 companies from loss to profitability, namely: Al Andalus, Red Sea, Jabal Omar, and Knowledge City. <In contrast, Al Majidiyah and Banan's profits declined, while Emaar narrowed its losses significantly. All companies in the sector were profitable during the quarter, with the exception of one company that managed to cut its losses. The sector currently comprises 16 companies after the addition of Al Majidiyah in Q3 2025.
<The analysis showed that 9 companies achieved growth in their net profits, including two companies that achieved a surge beyond 100%. Masar's profits jumped by 341.9% to reach SAR 516.6 million compared to SAR 116.9 million, while Riyadh Development recorded a strong growth of 225.3% with a net profit of SAR 143.8 million compared to SAR 44.2 million. As for the rest of the seven companies, their profit growth ranged between 89.8% and 1.8%, namely: Dar Al Arkan, SMO, Sinomi Centers, Rital, Makkah Construction, Taiba, and Real Estate.
<On the other hand, four companies achieved an important shift towards profitability, most notably Knowledge City, which recorded a net profit of 28.2 million riyals compared to losses of 8.9 million riyals in the previous year, a growth rate of 416.9%. Jabal Omar recorded a profit of 197.9 million riyals compared to a loss of 203.6 million riyals previously, while the Red Sea and Andalusia turned a profit of 5.9 million riyals and 0.6 million riyals, respectively.
<Emaar Economic City's losses decreased by 70.6% to SAR 135 million from SAR 459 million, reflecting a clear improvement in financial performance. In terms of revenues, the sector companies succeeded in raising their revenues during the third quarter of 2025 to SAR 6.8 billion compared to SAR 4.8 billion, achieving a strong growth of 43.3% and adding SAR 2 billion in just three months.
The sector's results since the third quarter of 2025 have also decreased by 70.6% to reach SAR 135 million instead of SAR 4.8 billion, reflecting a clear improvement in financial performance. <The sector's results from the beginning of the year to the end of the third quarter (9-month period) showed a remarkable growth in net profit to reach SAR 5.4 billion compared to SAR 1.6 billion for the same period in 2024. The rise came as a result of 10 companies growing their profits, two companies turning to profitability (Red Sea and Jabal Omar), and the losses of three companies, namely: Emaar, Knowledge City and Andalusia. In contrast, Banan saw its profits decline to SAR 26.9 million from SAR 30.1 million. <Overall, 13 companies managed to achieve profits during the nine-month period, while only 3 companies incurred losses. During the same period, the sector's total revenues rose to 18.9 billion riyals from 15.6 billion riyals, a growth rate of 21.2% and an addition of 3.3 billion riyals. Thirteen companies achieved growth in revenues, while three companies recorded a decline in sales.
