Keir International Company announces its Interim Financial results for the period ending on 2025-06-30 ( Six Months )

Keir International reported a net loss of SAR 6.79 million for the six-month period ending June 30, 2025, reflecting a 15.38% reduction in losses compared to the SAR 8.02 million loss in the same period last year.
Revenue increased by 22.15% to SAR 71.18 million, up from SAR 58.27 million, driven by the expansion of business activities and increased transaction volumes with the company's customers.
The company faces significant capital erosion, with accumulated losses reaching SAR 147.99 million (123% of capital) and total shareholders' equity declining by 55.1% to SAR 27.34 million.
Financial results were pressured by higher administrative expenses and a SAR 3.8 million impairment provision on trade receivables and contract assets; notably, the external auditor issued a "Conservation" (qualified) report for the period.

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	71,180,429	58,272,834	22.15
Net Profit (Loss) Attributable to Shareholders of the Issuer	-6,786,505	-8,019,626	-15.376
Total Shareholders Equity (after Deducting Minority Equity)	27,344,878	60,902,021	-55.1
Profit (Loss) per Share	-0.28	-0.23
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	-147,998,719	-123
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
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 increase in revenue was mainly driven by the growth in business activities, with revenue reaching SAR 71 million compared to SAR 58 million for the same period last year, representing an increase of SAR 12 million, or 22%. This growth was primarily attributable to the expansion of business activities and increased transactions with the Company's customers.
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 Company reported a net loss of SAR 33.5 million compared to a net loss of SAR 27.0 million for the same period of the previous year. The increase in net loss was primarily attributable to higher provisions recognized during the period, including an impairment provision on trade receivables and contract assets amounting to SAR 3.8 million, in addition to an increase in administrative expenses.
Statement of the type of external auditor's report	Conservation
Reclassification of Comparison Items	Not Applicable
Additional Information	It should be noted that the Company has previously disclosed its annual financial results for the year ended December 31, 2025. This announcement is being made to subsequently publish the preliminary financial results for the period ended June 30, 2025.