| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 1,529,414,539 | 1,361,333,926 | 12.346 | 1,474,313,373 | 3.737 |
| Gross Profit (Loss) | 520,747,306 | 449,512,043 | 15.847 | 533,285,039 | -2.351 |
| Operational Profit (Loss) | 75,599,697 | 56,646,034 | 33.459 | 80,423,284 | -5.997 |
| Net profit (Loss) | 40,202,549 | 34,999,901 | 14.864 | 50,483,783 | -20.365 |
| Total Comprehensive Income | 35,704,180 | 41,934,525 | -14.857 | 61,255,966 | -41.713 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 4,678,113,088 | 4,252,096,946 | 10.018 |
| Gross Profit (Loss) | 1,582,732,707 | 1,380,980,308 | 14.609 |
| Operational Profit (Loss) | 248,807,887 | 241,727,238 | 2.929 |
| Net profit (Loss) | 156,403,107 | 170,590,265 | -8.316 |
| Total Comprehensive Income | 167,764,418 | 172,959,062 | -3.003 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,458,492,858 | 1,440,351,014 | 1.259 |
| Profit (Loss) per Share | 0.14 | 0.14 | |
| All figures are in (Actual) 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 (Actual) 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 | BinDawood Holding Company’s (also referred to as the Company or BDH) Sales Growth – Q3 2025: • Total revenue reached SAR 1,529.4 million • This exhibits 12.3% increase from Q3 2024 (SAR 1,361.3 million) Key Reasons for Growth: • Retail Grocery: • Growth driven by: o New store openings and 2024 rollouts. o Recovery at Haramain locations. o Back-to-School campaigns and network expansion. • Retail Pharma: • Fully consolidated from Feb 2025. • Boosted by: o Five new standalone stores. o 14 integrated outlets within BinDawood and Danube. o Operational synergies improving efficiency. • Distribution: • Strong year-on-year growth supported by: o Expanded product portfolio. o Entry into new categories. o Back-to-School seasonality. • Tech Segment: • Continued steady growth supported by: o Ykone’s strong Middle East performance. o Improved results in America. o Full integration of Barcode. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | • Gross Profit: • Surged to SAR 520.7 million in Q3 2025, supported by higher revenue and improved margins due to: o Better supplier terms in the Retail Grocery segment. o Margin expansion from high-margin Retail Pharma and Distribution businesses. o Continued growth in Ykone contributing to overall margin improvement. • Operating Expenses: • Rose to SAR 446.7 million in Q3 2025 (vs. SAR 395.9 million in Q3 2024). • Increase driven by: o Consolidation of Retail Pharma and Distribution businesses. o Full-period impact from stores opened in Q4 2024 and new stores opened in 2025. • Net Profit: • Reached SAR 40.2 million (vs. SAR 35 million in Q3 2024). • Growth supported by higher-margin segments, better supplier income, and Ykone’s performance. • Partly offset by higher operating costs and financing expenses from the Retail Pharma acquisition. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Total revenue reached to SAR 1,529.4 million. This exhibits 3.7% increase from Q2 2025 (SAR 1,474.3 million) Key Reasons for Growth: • Retail Grocery: • Supported by new store openings. • Recorded better like-for-like sales in both BinDawood and Danube stores. • Saw improved traffic due to the back-to-school season. • Retail Pharma: • Kept strong growth after the acquisition. • Growth supported by adding pharmacy sections inside BinDawood and Danube stores. • Distribution: • Grew well by adding more products and new categories. • Got a boost from Back-to-School season demand, which also supported retail sales. • Tech • Maintained stable growth across key markets. • Continued to contribute positively to overall group revenue. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | • Gross Profit: Decreased slightly by 2.4%, reaching SAR 520.7 million in Q3 2025 compared to SAR 533.3 million in Q2 2025 due to. o Seasonality impact affecting overall margin levels. o Less favorable product mix, with higher contribution from lower-margin categories. • Operating Expenses: • Decreased slightly to SAR 446.7 million in Q3 2025, compared to SAR 453.9 million in Q2 2025. • The reduction was mainly driven by: o Improved cost optimization and operational efficiencies. o Better expense control across key business units. • Net Profit: • Declined to SAR 40.2 million in Q3 2025 from SAR 50.5 million in Q2 2025. • The decline was mainly due to: o Lower gross profit from seasonal margin pressure. o Slight increase in finance costs related to recent CAPEX investments. o Higher lease-related financial charges from new store openings. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | BDH achieved 10% revenue growth in 9M 2025, reaching SAR 4,678.1 million, supported by all major segments. Key Reasons for Growth: • Retail Grocery: • Grew modestly, supported by: o New store openings. o Full impact of Q4 2024 launches. o Stronger presence in key markets, boosting footfall and engagement. • Retail Pharma: • Acquired in February 2025 and became a key growth driver. • Growth supported by: o Five standalone stores. o 14 integrated in-store pharmacies. o Rapid post-acquisition integration. • Distribution: • Strong contribution after H2 2024 acquisition. • Boosted by: o Successful integration. o Expanded product portfolio. o Back-to-School season demand. • Tech Segment: • Recorded solid growth driven by: o Ykone’s strong performance in the Middle East. o Improved results in America. o Full-period contribution from Barcode. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | • Gross Profit: • Rose to SAR 1,582.7 million in 9M 2025, up 14.6% year-on-year, with margins improving to 33.8% from 32.5% last year despite market challenges. • Growth supported by: o Higher overall revenue. o Improved supplier terms in core grocery operations. o Stronger margins from Retail Pharma and Distribution businesses. o Continued margin expansion within the information technology segment. • Operating Expenses: Increased to SAR 1,339.1 million in 9M 2025 (vs. SAR 1,146.9 million in 9M 2024). • Rise mainly due to: o Consolidation of Retail Pharma and Distribution businesses. o Full-period impact of store operating costs for 2024 openings and new stores launched in 2025. o Integration of pharmacy sections within BinDawood and Danube stores. o Higher staffing, utilities, and logistics expenses. • Net Profit: • Declined to SAR 156.4 million in 9M 2025 (vs. SAR 170.6 million in 9M 2024). • Impacted by: o Higher operating costs. o Lower finance income. o Increased financing costs related to the Retail Pharma acquisition. |
| 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 | No comparative figures for the previous period have been reclassified. |
| Additional Information | Changes in the Statement of Financial Position as at 30th September 2025 (for the nine-month period) were as follows: • Non-current assets: Increased due to higher property and equipment, goodwill, and right-of-use assets. • Current assets: Rose slightly, driven by higher inventories and receivables. • Current liabilities: Increased mainly due to current portion of bank borrowings and due to related parties. • Non-current liabilities: Increased due to higher lease liabilities and non-current portion of bank borrowings. • Total equity: Improved due to improvement of retained earnings and foreign currency translation reserve. |
| Attached Documents | Attached Documents |
