| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 3,262.97 | 2,216.47 | 47.214 | 2,455.8 | 32.867 |
| Gross Profit (Loss) | 1,169.29 | 570.38 | 105.001 | 655.37 | 78.416 |
| Operational Profit (Loss) | 1,060.75 | 496.19 | 113.778 | 599.95 | 76.806 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 977.71 | 474.26 | 106.154 | 513.36 | 90.453 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 983.43 | 507.41 | 93.813 | 518.38 | 89.712 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 10,346.72 | 9,482.39 | 9.115 |
| Gross Profit (Loss) | 3,097.7 | 2,700.36 | 14.714 |
| Operational Profit (Loss) | 2,725.54 | 2,603.99 | 4.667 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 2,431.34 | 2,169.39 | 12.074 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 2,382.33 | 2,192.69 | 8.648 |
| Total Shareholders Equity (after Deducting Minority Equity) | 15,269.26 | 13,625.21 | 12.066 |
| Profit (Loss) per Share | 2.63 | 2.35 | |
| 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 main reason for the increase in revenues during the current quarter compared to the same quarter of last year was due to: - The increase in the revenues of multiple business units, particularly Bahri Oil BU, increased by SAR 1.13 billion as a result of increase in operational activities and the rise in global shipping rates during the current quarter compared to the same quarter of last year. - On the other hand, the revenues of Bahri Chemicals BU decreased by SAR 108 million as a result of the decline in global shipping rates for the sector during the current quarter compared to the same quarter of last year. |
| 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 main reason for the increase in net profit during the current quarter compared to the same quarter of last year was due to: - The increase in gross profit by SAR 599 million, mainly due to improved operational performance and higher global shipping rates, which positively impacted the Company’s performance, particularly Bahri Oil BU, where its gross profit increased by SAR 658 million during the current quarter compared to the same quarter of last year. While the increase in net profit was partially offset by: - The decrease in gross profit of Bahri Chemicals BU by SAR 55 million during the current quarter compared to the same quarter of last year. - The increase in general and administrative expenses by SAR 40 million and the increase in finance costs by SAR 38 million during the current quarter compared to the same quarter of last year. - The decrease in the Company’s share of results of equity-accounted investees by SAR 54 million during the current quarter compared to the same quarter of last year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The main reason for the increase in revenues during the current quarter compared to the previous quarter was due to: - The increase in the revenues of multiple business units, particularly Bahri Oil BU, increased by SAR 840 million and Bahri Integrated Logistics BU, increased by SAR 84 million, as a result of increase in operational activities and the rise in global shipping rates during the current quarter compared to the previous quarter. - While the increase in revenues was partially offset by the decrease in revenues from Bahri Chemicals BU by SAR 118 million during the current quarter compared to the previous quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The main reason for the increase in net profit during the current quarter compared to the previous quarter was due to: - The increase in gross profit by SAR 514 million, mainly due to improved operational performance and higher global shipping rates, which positively impacted the Company’s performance, particularly Bahri Oil BU, where its gross profit increased by SAR 539 million, and Bahri Integrated Logistics BU, increased by SAR 50 million during the current quarter compared to the previous quarter. While the increase in net profit was partially offset by: - The decrease in gross profit of Bahri Chemicals BU by SAR 70 million during the current quarter compared to the previous quarter. - The increase in general and administrative expenses, and the decrease in the Company’s share of results of equity-accounted investees by SAR 31 million during the current quarter compared to the previous quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The main reason for the increase in revenues during the current period compared to the same period of the last year was due to: - The increase in the revenues of multiple business units, particularly Bahri Oil BU increased by SAR 1.26 billion and Bahri Integrated Logistics BU increased by SAR 37 million, as a result of increase in operational activities and the rise in global shipping rates during the current period compared to the same period of last year. - While the increase in revenues was partially offset by the decrease in revenue from Bahri Chemicals BU by SAR 396 million and Bahri Dry Bulk BU by SAR 87 million during the current period compared to the same period of last year. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The main reason for the increase in net profit during the current period compared to the same period of the last year was due to: - The increase in gross profit of Bahri Oil BU by SAR 755 million mainly due to improved operational performance and global shipping rates during the current period compared to the same period of last year. - The increase in the Company’s share of results of equity-accounted investees by SAR 134 million during the current period compared to the same period of last year. While the increase in net profit was partially offset by: - The decrease in gross profit of Bahri Chemicals BU by SAR 324 million and Bahri Integrated Logistics BU decreased by SAR 37 million during the current period compared to the same period of last year. - The decrease in other income by SAR 138 million during the current period compared to the same period of last year, mainly due to recordings of capital gains from sale of vessels amounted to SAR 216 million in the same period of last year, compared to only SAR 6 million in the current period, in addition to the increase in general and administrative expenses and the increase in finance costs during the current period compared to the same period of last year. |
| 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 | Certain comparative figures of the prior period have been reclassified to align with the presentation of the current period. |
| Additional Information | The calculation of Earnings per Share for the corresponding period of the last year was based on the weighted average number of shares (922,852 thousand shares), due to the increase in the Company’s share capital from SAR 7.3 billion to SAR 9.2 billion, which was approved by the Extraordinary General Assembly held on 29 June 2025. For more information, please refer to the Earnings Release attached to the announcement. |
| Attached Documents | Attached Documents |