| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 384.2 | 321.5 | 19.5 | ||
| Gross Profit (Loss) | 265.6 | 200 | 32.8 | ||
| Operational Profit (Loss) | 190.8 | 100.2 | 90.42 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 296.1 | 296.2 | -0.03 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 296.3 | 296.3 | - | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 4,127 | 2,544 | 62.22 | ||
| Profit (Loss) per Share | 1.3 | 1.67 | |||
| 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 year compared to the last year | The company achieved revenue from main operations of SAR 384 million, an increase of SAR 63 million or 19.5%, This is mainly attributed to: 1.Increase of centers and markets revenue by SAR 12 million, after excluding the impact of revenue from the Al-Tameer Center, which was transferred to Dira Development Company as an in-kind contribution starting from December 2024. 2.Partial sales of the company’s non-strategic lands at a value of SAR 97 million, in line with the company’s strat-egy to maximize return on unutilized assets. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The Company achieved a net profit of SAR 296 million, consistent with the net profit reported in the previous year, despite the fact that the prior year’s results included gains of approximately SAR 123 million from the sale of land by the associate company “Tanal.” This reflects a notable improvement in the Company’s operating performance during the current year, mainly attributable to the following: 1.The increase in the main operations revenue by SAR 63 million, or 19.5%. 2.Decrease in operating costs by SAR 3 million. 3.Decrease in general and administrative expenses by SAR 25 million supported by improved efficiency, a lower provision for doubtful debts as a result of enhanced collection performance across the company’s markets and centers, and a decline in legal and professional fees. 4.Increase in other revenues by SAR 20 million, primarily due to the reversal of a provision for a potential liability, in addition to the recognition of a building that reverted to the Company’s ownership upon the expiry of the land investment agreement under a Build-Operate-Transfer (BOT) arrangement. 5.Decrease in Zakat provision by SAR 6 million, due to the corresponding period including an additional provision related to the years from 2015 to 2018. It is also noted that the company has obtained the final Zakat assessments up to the year 2024. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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 | Reclassification of comparative figures compatible with the display tab for the current period. |
| Additional Information | •The weighted average number of ordinary shares outstanding during Period of 2025 is the number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares issued during the period multiplied by a time-weighting factor. The time-weighting factor is the number of days that the shares are outstanding during the period in accordance with IAS 33 (Note No. 18 in the financial statement). •On 22 September 2025, Al-Rimal Logistics Park Company was established as a limited liability company (one-person company) wholly owned by Arriyadh Development Company with a cash capital of SAR (10,000), divided into (10,000) shares, and approximately 98,000sqm of technical services land were transferred to Al-Rimal Logistics Park Company, as per the company strategy: "Invest for Growth." •On 5 October 2025, Hulul Salasil Imdad Almontajat Altazija Company was established with a cash capital of SAR 500,000, divided into (500,000) shares wholly owned by Arriyadh Development Company, as per the company strategy: "Invest for Growth." |
