Saudi Industrial Investment Group announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months ) | premargin

Saudi Industrial Investment Group announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )

TadawulJuly 31, 2025View on exchange

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	-	-	-	-	-
Gross Profit (Loss)	-	-	-	-	-
Operational Profit (Loss)	13	62	-79.032	20	-35
Net profit (Loss)	20	64	-68.75	18	11.111
Total Comprehensive Income	20	64	-68.75	18	11.111
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	-	-	-
Gross Profit (Loss)	-	-	-
Operational Profit (Loss)	33	98	-66.326
Net profit (Loss)	38	92	-58.695
Total Comprehensive Income	38	92	-58.695
Total Shareholders Equity (after Deducting Minority Equity)	9,062	10,114	-10.401
Profit (Loss) per Share	0.05	0.12
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	-	-
Accumulated Losses	-	-
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	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales/Revenue and Gross profit” do not appear in the profit or loss statement.
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 decrease in net profit during the current quarter compared with the same quarter of last year is mainly due to: - SIIG’s share of profit in its JVs investments )S-Chem( has decreased in the current quarter, mainly because of lower selling prices as well as an increase in feedstock and energy costs, even though there are increases in the sales volumes during the current quarter. - An increase in the general and administrative expenses, mainly due to the legal and advisory costs for the capital reduction and share buyback transactions, which took place during the current quarter. Note that there were: - A decrease in zakat expenses during the current quarter, as a result of the capital reduction transaction (SAR 755MM) during the current quarter, which resulted in lower Zakat base. - An increase in the financing income “Murabaha”.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales/Revenue and Gross profit” do not appear in the profit or loss statement.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The increase in net profit during the current quarter compared with the last quarter is mainly due to: - SIIG’s share of profit in its JV (SPCo) has increased in the current quarter, mainly because of higher PE selling prices, as well as a slight decrease in feedstock prices, in addition to gain from foreign exchange rates during the current quarter. However, there was a decrease in the result of the JVs (SCP&JCP), as a result of lower styrene prices and lower sold volumes. - A decrease in zakat expenses during the current quarter, as a result of the capital reduction transaction (SAR 755MM) during the current quarter, which resulted in lower Zakat base. - An increase in the financing income “Murabaha”. Note that there were: - An increase in the general and administrative expenses, mainly due to the legal and advisory costs for the capital reduction and share buyback transactions, which took place during the current 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	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales/Revenue and Gross profit” do not appear in the profit or loss statement.
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 decrease in net profit during the current period compared with the same period of last year is mainly due to: - SIIG’s share of profit in its JVs investments )S-Chem( has decreased in the current period, mainly because of lower selling prices as well as an increase in the feedstock and energy costs, even though there are increases in the quantities sold during the current period as there was a scheduled turnarounds for SCP “Saudi Chevron Phillips” and JCP “Jubail Chevron Phillips” in the same period of last year. - An increase in the general and administrative expenses, mainly due to the legal and advisory costs for the capital reduction and share buyback transactions, which took place during the current period. Note that there were: - A decrease in zakat expenses during the current quarter, as a result of the capital reduction transaction (SAR 755MM) during the current period, which resulted in a lower Zakat base. - An increase in the financing income “Murabaha”.
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)	Not Applicable
Reclassification of Comparison Items	Certain prior period figures have been re-classified to confirm with the presentation in the current period.
Additional Information	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales and Gross profit” do not appear in the profit or loss statement.