| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Total revenue declined by 5.2% YoY to SAR 394.4 million, mainly due to lower Rental segment revenue, partially offset by higher revenues from the Lease and Used Car Sales segments. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit declined by 80.1% YoY to SAR 10.8 million in Q2 2026, mainly due to lower gross profit reflecting softer Rental segment utilisation and pricing, together with higher operating expenses, and increased receivable provisions primarily reflecting the growth in receivable balances during the quarter, and the prevailing macroeconomic conditions. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Total revenue increased by 7.8% QoQ to SAR 394.4 million in Q2 2026, mainly due to higher used car sales during the quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit declined by 73.0% QoQ to SAR 10.8 million in Q2 2026, mainly due to lower gross profit reflecting softer Rental segment utilisation and pricing, together with higher operating expenses, and increased receivable provisions primarily reflecting the growth in receivable balances during the quarter, and the prevailing macroeconomic conditions. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Total revenue declined by 8.1% YoY to SAR 760.5 million in H1 2026, from SAR 827.7 million in H1 2025, mainly due to lower revenues from the Rental and Used Car Sales segments, partially offset by growth in Lease segment revenue. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit declined by 52.6% YoY to SAR 50.9 million in H1 2026, from SAR 107.4 million in H1 2025, mainly due to lower gross profit reflecting softer Rental segment conditions, together with higher operating expenses, and increased receivable provisions primarily reflecting the growth in receivable balances during the period, and the prevailing macroeconomic conditions. |
| 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) | The auditor’s report includes an “Other Matter” paragraph stating that the financial statements for the year ended 31 December 2025 were audited by another auditor, who expressed an unmodified opinion thereon, and that the interim condensed financial statements for the three-month and six-month periods ended 30 June 2025 were reviewed by another auditor, who expressed an unmodified conclusion thereon. |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the current period presentation. |
| Additional Information | - |
| Attached Documents | Attached Documents |
