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Almasane Alkobra Mining Co. (AMAK) announces its Interim Financial results for the Period Ending on 31-03-2026 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	218,408,727	219,772,398	-0.62	276,690,758	-21.063
Gross Profit (Loss)	87,805,151	83,954,464	4.586	119,286,290	-26.391
Operational Profit (Loss)	72,144,147	68,115,042	5.915	103,492,211	-30.29
Net Profit (Loss) Attributable to Shareholders of the Issuer	60,104,048	55,239,651	8.805	70,940,977	-15.275
Total Comprehensive Income Attributable to Shareholders of the Issuer	60,282,918	53,742,123	12.17	70,268,271	-14.21
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	1,386,158,132	1,210,117,534	14.547
Profit (Loss) per Share	0.68	0.62
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	-	-
Accumulated Losses	-	-
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	The reason for the slight decrease in revenues during the current quarter, compared to the same quarter last year, is primarily attributable to lower revenues from copper and zinc sales, driven by reduced sales volumes following the temporary suspension of the company’s Al Masane process plant, as announced on Tadawul on 22 January 2026, despite improved prices for copper, zinc, and gold.
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 for the increase in net profit during the current quarter by SAR 5 million compared to the same quarter last year is primarily due to higher gross profit of SAR 4 million, driven by lower direct costs, despite higher financing costs.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason for the decrease in revenues during the current quarter by SAR 58 million (21%), compared to the previous quarter, is primarily attributable to lower sales volumes of copper, zinc, and gold following the temporary suspension of the company’s Al Masane process plant, as announced on Tadawul on 22 January 2026, despite higher gold prices.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the decrease in net profit during the current quarter by SAR 11 million (15%), compared to the previous quarter, is primarily attributable to lower gross profit of SAR 31 million and higher selling and marketing expenses, partially offset by lower general and administrative expenses, as well as reduced income tax and severance fees and the absence of other loss.
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)	N/A
Reclassification of Comparison Items	N/A
Additional Information	Note: An announcement was published on 22 January 2026 regarding the temporary suspension of the Al Masane process plant, in line with the company’s 2026 business plan and will contribute to optimizing longer term ore production from the Saadah, Al Houra and Moyeath orebodies, collectively representing the Al Masane underground mining complex for base and precious metals. Earnings per share is calculated by dividing the net profit for the period by the weighted average number of ordinary shares outstanding during the period amounting to 88,560,562 shares (31-Mar-2025: 88,541,255 shares).