| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 1,792.31 | 1,603.39 | 11.782 | 2,124.71 | -15.644 |
| Gross Profit (Loss) | 451.12 | 390.2 | 15.612 | 455.17 | -0.889 |
| Operational Profit (Loss) | 192.17 | 165.64 | 16.016 | 149.25 | 28.757 |
| Net profit (Loss) | 167.21 | 156.33 | 6.959 | 124.48 | 34.326 |
| Total Comprehensive Income | 167.3 | 163.25 | 2.48 | 124.51 | 34.366 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 5,657.68 | 5,106.13 | 10.801 |
| Gross Profit (Loss) | 1,307.41 | 1,126.62 | 16.047 |
| Operational Profit (Loss) | 464.97 | 411.81 | 12.908 |
| Net profit (Loss) | 395.14 | 356.79 | 10.748 |
| Total Comprehensive Income | 394.8 | 363.51 | 8.607 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,501.51 | 1,357.46 | 10.611 |
| Profit (Loss) per Share | 4.19 | 4.46 | |
| 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 quarter compared to the same quarter of the last year is | During this quarter, the company recorded growth in total revenues across both the retail and consumer finance segments compared to the same quarter of the previous year, with revenues reaching SAR 1,792.3 million versus SAR 1,603.4 million, reflecting an increase of 11.8%. In the retail segment, sales grew by 10.5%, supported by strong performance across all three sales channels: showrooms, “Clix”, and e-commerce. The success of the National Day campaign and the back-to-school season also contributed positively. Furthermore, the expansion of the subscriber base in the paid loyalty program “Jood” helped increase the average basket size. As for the consumer finance segment, revenues grew by 23.2% year-on-year, driven by a 29% increase in the financing portfolio during the same period. |
| 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 company reported a net profit of SAR 167.2 million during the current quarter, compared to SAR 156.3 million in the same quarter of the previous year. This was driven by revenue growth, which led to a 15.6% increase in gross profit, reaching SAR 451.1 million versus SAR 390.2 million in the same quarter last year. The company also achieved an improvement in gross margin by 0.8%, reaching 25.2% in the current quarter, mainly attributable to the evolution of the sales mix and the growth of the consumer finance segment. These factors positively impacted net profit, which grew by 7%. It is worth noting that the net profit for the same quarter of the previous year included the reversal of provisions for potential obligations that were no longer needed, related to the retail sector, amounting to SAR 16.3 million. Excluding the financial impact of this item, the adjusted net profit growth would have been 19.4%. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The company’s revenues declined during this quarter compared to the previous quarter, due to changes in sales seasonality. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | During this quarter, the Company recorded a net profit of SAR 167.2 million, compared to SAR 124.5 million in the previous quarter. This increase was driven by an improvement in gross profit margin, a reduction in general and administrative expenses, and better provisions for expected credit losses. |
| 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 Company’s revenues increased by 10.8% during the current period, reaching SAR 5,657.7 million compared to SAR 5,106.1 million in the same period of last year. This growth was driven by two main factors: Retail segment: Supported by an enhanced shopping experience, growth in sales through ‘Clix’ and e-commerce channels, as well as the expansion of the subscriber base in the paid loyalty program ‘Jood,’ which contributed to higher average basket value and increased sales volumes. Consumer finance segment: Driven by a 29% growth in the consumer finance portfolio during the same period. |
| 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 increase in revenues and the improvement in gross profit during the current period contributed to the growth in net profit, despite higher selling, distribution, general, and administrative expenses. Gross profit increased by 16% compared to the same period last year. Net profit reached SAR 395.1 million, compared to SAR 356.8 million in the prior-year period, representing a growth of 10.7%. It is worth noting that the net profit for the same period of the previous year included the reversal of provisions for potential obligations that were no longer needed, related to the retail sector, amounting to SAR 16.3 million. Excluding the impact of this item, the adjusted net profit growth would have been 16%. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | The company adopts the cost model option in measuring properties and investment properties. The company purchased 1,914,578 treasury shares starting from the date of the shareholders’ approval in the General Assembly meeting held on May 26, 2025. Net profit for the current period ended September 30, 2025, after deducting non-controlling interests, amounted to SAR 335.4 million, noting that the comparable period of the previous year did not include any non-controlling interests. Earnings per share (EPS) for the current period ended September 30, 2025, before deducting non-controlling interests, amounted to SAR 4.94, and SAR 4.19 after deducting non-controlling interests, noting that the comparable period of the previous year did not include any non-controlling interests |
