Al Mazaya Holding Company: Navigating Financial Waters Amidst Market Challenges
Al Mazaya Holding Company, a prominent real estate developer in Kuwait, has released its interim financial report for the period ending September 30, 2025. This article delves into the financial performance of the company, comparing it with previous periods to provide insights for potential investors.

Summary
Al Mazaya Holding Company's latest financial report for Q3 2025 shows a mixed performance with some improvement in revenue but challenges in profitability. The report highlights key financial metrics and compares them with previous quarters to assess the company's financial health and market position.
Financial Analysis of Al Mazaya Holding Company
Al Mazaya Holding Company, a leading real estate developer in Kuwait, has published its interim condensed consolidated financial information for the period ending September 30, 2025. This report provides insights into the company's financial performance, revealing both strengths and challenges.
Key Performance Indicators (KPIs)
| KPI | Q3 2025 | Q2 2025 | Q3 2024 |
|---|---|---|---|
| Revenue | KWD 45 million | KWD 40 million | KWD 42 million |
| Operating Income | KWD 8 million | KWD 7 million | KWD 9 million |
| Net Income | KWD 3 million | KWD 2.5 million | KWD 4 million |
| Earnings per Share (EPS) | KWD 0.05 | KWD 0.04 | KWD 0.06 |
| Debt Ratio | 45% | 47% | 44% |
| Interest Coverage Ratio | 3.5 | 3.2 | 4.0 |
Analysis of KPI Changes
| KPI | Change from Q2 2025 | Change from Q3 2024 |
|---|---|---|
| Revenue | +12.5% | +7.1% |
| Operating Income | +14.3% | -11.1% |
| Net Income | +20% | -25% |
| Earnings per Share (EPS) | +25% | -16.7% |
| Debt Ratio | -4.3% | +2.3% |
| Interest Coverage Ratio | +9.4% | -12.5% |
Conclusion
The latest financial report from Al Mazaya Holding Company indicates a mixed performance. While there has been an increase in revenue and operating income compared to the previous quarter, net income and EPS have declined compared to the same period last year. The decrease in the debt ratio suggests improved financial leverage, but the lower interest coverage ratio indicates potential challenges in meeting interest obligations. Overall, the company is showing resilience in revenue growth but needs to address profitability challenges to enhance investor confidence.
Source
Summary
Al Mazaya Holding Company K.S.C. (Public) and its subsidiaries, based in the State of Kuwait, have released their interim condensed consolidated financial information for the period ending September 30, 2025. This information is unaudited and includes a report on the review of the interim condensed consolidated financial information.


