premargin

Sign In Sign Upعربي

Mohammed Hasan AlNaqool Sons Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	18,882	15,971	18.226	21,454	-11.988
Gross Profit (Loss)	3,193	2,491	28.181	6,592	-51.562
Operational Profit (Loss)	1,127	1,151	-2.085	3,546	-68.217
Net Profit (Loss) Attributable to Shareholders of the Issuer	811	735	10.34	2,712	-70.095
Total Comprehensive Income Attributable to Shareholders of the Issuer	822	961	-14.464	2,383	-65.505
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	60,722	53,683	13.112
Profit (Loss) per Share	0.28	0.25
All figures are in (Thousands) 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 (Thousands) 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 company's revenue increase during the first quarter of 2026, reaching SAR 18,882 million, an 18% increase compared to the same quarter of the previous year, is attributed to several key factors, most notably: 1. A 2% increase in core business revenue during the current quarter compared to the same quarter of the previous year, despite the inclusion of Ramadan and the Eid al-Fitr holiday, which typically impact revenue. 2. A significant 1224% increase in revenue for the subsidiary, Sadan Industrial Company, during the current quarter compared to the same quarter of the previous year, due to an increase in the size of its truck fleet. 3. Increased revenue resulting from an increase in asset size and, consequently, increased production capacity.
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 10% increase in net profit compared to the first quarter of 2025 is attributed to several key factors, most notably: 1. Increased company revenue. 2. Improved operational efficiency. 3. Stable supply and execution processes. This occurred despite the company incurring a zakat payment of SAR 292,000 for the year 2024 during the first quarter of this year.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The 12% decrease in revenue in the first quarter of 2026 compared to the fourth quarter of 2025 is attributed to several seasonal factors, most notably: 1. The impact of Ramadan and the Eid al-Fitr holiday during the first quarter, resulting in a relative slowdown in project implementation and operational activities. 2. Rainfall during the first quarter of 2026, leading to a relative decrease in demand for ready-mix concrete and a slowdown in construction and pouring work on some projects.
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 by (70%) in the first quarter of 2026 compared to the fourth quarter of 2025 is due to the seasonal decrease in sales during the period, and the resulting decline in business volume and revenues, which affected net profit compared to the previous quarter.
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)	nothing
Reclassification of Comparison Items	Some of the comparative figures have been reclassified and re-tabulated to conform to the current year's presentation.
Additional Information	The financial information for the fourth quarter of 2025 was calculated internally for comparability purposes and was not examined by an external auditor.