Takween Advanced Industries Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months ) | premargin

Takween Advanced Industries Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )

TadawulNovember 6, 2025View on exchange

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	166,545	183,899	-9.436	138,381	20.352
Gross Profit (Loss)	17,474	16,133	8.312	11,586	50.819
Operational Profit (Loss)	3,956	-3,314	-	-8,169	-
Net profit (Loss)	-15,824	-17,661	-10.401	-26,049	-39.252
Total Comprehensive Income	-15,093	-20,307	-25.675	-25,800	-41.5
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	449,927	528,867	-14.926
Gross Profit (Loss)	47,432	64,395	-26.342
Operational Profit (Loss)	-2,941	13,997	-
Net profit (Loss)	-51,392	-25,827	98.985
Total Comprehensive Income	-50,354	-36,846	36.66
Total Shareholders Equity (after Deducting Minority Equity)	341,283	441,968	-22.781
Profit (Loss) per Share	-0.67	-0.38
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	-	-
Accumulated Losses	-349,742	45.74
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 decrease in revenues during the third quarter of 2025 compared to the third quarter of 2024 is mainly attributable to a decline in sales volumes and changes in selling prices, which are linked to raw material prices that witnessed a decrease during the third quarter of 2025.
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 decrease in net loss during the third quarter of 2025 compared to the third quarter of 2024 is mainly due to a lower cost of sales-to-sales ratio, a decrease in general and administrative expenses, a decrease in selling, marketing, and distribution expenses, and the reversal of a zakat provision related to previous years. This was despite lower revenues, higher finance costs, lower other income, and an increase in the Company’s share of losses from an associate.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The increase in revenues during the third quarter of 2025 compared to the second quarter of 2025 is mainly due to higher sales volumes.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The decrease in net loss during the third quarter of 2025 compared to the second quarter of 2025 is mainly due to higher revenues, a lower cost of sales-to-sales ratio, a decrease in general and administrative expenses, a decrease in selling, marketing, and distribution expenses, the reversal of a zakat provision related to previous years, and a lower share of losses from an associate. This was despite the increase in finance costs and the decrease in other income.
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 decrease in revenues during the nine-month period of 2025 compared to the nine-month period of 2024 is mainly attributable to a decline in sales volumes and changes in selling prices, which are linked to raw material prices that witnessed a decrease during the nine-month period of 2025.
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 net loss for the nine-month period of 2025 compared to the same period of 2024 is mainly due to the decline in revenues, the higher cost of sales-to-sales ratio, the increase in general and administrative expenses, higher finance costs, and the increase in the Company’s share of losses from an associate. This was despite the decrease in selling, marketing, and distribution expenses, the increase in other income, and the reversal of a zakat provision related to previous years.
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)	-
Reclassification of Comparison Items	Certain comparative figures for the previous period have been reclassified to conform with the presentation for the current period.
Additional Information	1) According to Note No. (12) of the financial statements, the loss per share for the period ended 30 September 2025 was calculated by dividing the net loss for the period amounting to SAR 51,392 million by the weighted average number of shares amounting to 76,465 million shares, resulting in a loss per share of SAR 0.67. The loss per share for the period ending 30 September 2024 was recalculated by dividing the net loss for that period amounting to SAR 25,827 million by the weighted average number of shares amounting to 68,575 million shares, resulting in a loss per share of SAR 0.38. 2) According to Note No. (12) of the financial statements, the loss per share for the third quarter of 2025 was calculated by dividing the net loss for the quarter amounting to SAR 15,824 million by the weighted average number of shares amounting to 76,465 million shares, resulting in a loss per share of SAR 0.21. The loss per share for the third quarter of 2024 was recalculated by dividing the net loss for that quarter amounting to SAR 17,661 million by the weighted average number of shares amounting to 68,575 million shares, resulting in a loss per share of SAR 0.26. 3) The accumulated losses reached 45.74% of the Company’s share capital, mainly impacted by the losses incurred during the nine-month period of 2025. In this regard, the Company has developed a comprehensive action plan aimed at regularly monitoring key financial indicators and taking the necessary proactive measures to ensure compliance with regulatory requirements and to enhance long-term financial stability. It should be noted that the Company is implementing the procedures and instructions issued by the Capital Market Authority (CMA) applicable to listed companies whose accumulated losses exceed 35% of their share capital.