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Saudi Company for Hardware announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	247.34	261.32	-5.349	291	-15.003
Gross Profit (Loss)	38.42	45.36	-15.299	39.78	-3.418
Operational Profit (Loss)	5.84	13.27	-55.99	0.43	1,258.139
Net Profit (Loss) Attributable to Shareholders of the Issuer	2.01	5.07	-60.355	-3.93	-
Total Comprehensive Income Attributable to Shareholders of the Issuer	2.01	4.86	-58.641	-4.8	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	362.11	331.15	9.349
Profit (Loss) per Share	0.06	0.14
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The reason of the decline in sales during the current quarter compared to the same quarter of the last year is primarily due to reduced logistics sales, decreased demand for certain seasonal products, and the closure of one of the company’s stores.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reason of the decline in net profit during the current quarter compared to the same quarter of the previous year is mainly due to incurring exceptional amortization expenses related to the Ecommerce platform amounting to SAR 5.45 million, which was fully amortized during the current quarter. It is worth noting that net profit before this exceptional item amounted to SAR 7.46 million, compared to SAR 5.07 million in the same quarter of the previous year, representing a growth of 47%.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason of the decline in sales during the current quarter compared to the previous quarter is primarily due to reduced logistics sales, decreased demand for certain seasonal products, and the closure of one of the company’s stores.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for achieving profits during the current quarter, compared to the losses during the previous quarter, is mainly due to the reduction in selling, marketing, general, administrative, and amortization expenses.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	Comparative period figures have been reclassified to conform with current period classification numbers
Additional Information	-