| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 493,649,581 | 267,543,614 | 84.511 | 482,523,983 | 2.305 |
| Gross Profit (Loss) | 30,157,479 | 28,469,526 | 5.928 | 33,183,172 | -9.118 |
| Operational Profit (Loss) | 24,782,440 | 22,475,988 | 10.261 | 29,043,729 | -14.671 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 20,487,583 | 18,274,550 | 12.109 | 23,256,252 | -11.905 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 21,289,100 | 18,274,550 | 16.495 | 23,198,796 | -8.231 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 320,021,962 | 256,460,750 | 24.783 |
| Profit (Loss) per Share | 0.09 | 0.08 | |
| 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 | - | - | |
| All figures are in (Actual) 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 | Revenue increased by over 84% as compared to same quarter previous year due to following reasons: 1. Large feedstock procurement contracts signed during 2025 & 2026 supported a 17% increase in sales volumes, primarily led by non-ferrous items. 2. Asia continued to be the largest destination this quarter, driving an approximately 129% increase in export sales. |
| 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 increase in net profit by around 12% during current period compared to the same period last year is due to: 1. Driven by an 84% increase in sales. 2. Net profit margins declined due to increased shipping and insurance costs, along with higher financing expenses, as current geopolitical conditions have extended the receivables cycle. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Sales increased by approximately 2.30% during the current period compared to the previous quarter, mainly driven by a 9% growth in export sales. |
| 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 profit by around 12% during current period compared to the previous quarter is due to: Net profit margins declined due to increased shipping and insurance costs, along with higher financing expenses, as current geopolitical conditions have extended the receivables cycle. |
| 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 | None |
