Amlak International Finance Co. announces its Interim Financial Results for the Period Ending on 2026-06-30 ( Six Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	164,619	139,323	18.156	146,734	12.188
Net Income From Special Commission of Financing	109,465	82,822	32.168	94,407	15.95
Net Income From Special Commission of Investment	-	-	-	-	-
Total Operations Profit (Loss)	109,765	83,072	32.132	94,707	15.899
Net Profit (Loss) before Zakat and Income Tax	32,156	25,689	25.174	19,924	61.393
Net Profit (Loss) Attributable to Shareholders of the Issuer	25,525	20,390	25.183	15,815	61.397
Total Comprehensive Income Attributable to Shareholders of the Issuer	27,656	19,642	40.8	17,787	55.484
Total Operating Expenses Before Provisions for Credit and Other Losses	53,126	45,775	16.058	50,926	4.319
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	24,483	11,608	110.914	23,857	2.623
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Income From Special Commission of Financing	311,353	277,512	12.194
Net Income From Special Commission of Financing	203,872	164,238	24.132
Net Income From Special Commission of Investment	-	-	-
Total Operations Profit (Loss)	204,472	164,738	24.119
Net Profit (Loss) before Zakat and Income Tax	52,080	40,701	27.957
Net Profit (Loss) Attributable to Shareholders of the Issuer	41,340	32,305	27.967
Total Comprehensive Income Attributable to Shareholders of the Issuer	45,443	26,788	69.639
Assets	4,875,306	4,611,511	5.72
Investments	893	893	-
Loans And Advances Portfolio (Financing And Investment)	4,571,427	4,383,403	4.289
Clients' deposits	-	-	-
Total Shareholders Equity (after Deducting Minority Equity)	1,275,679	1,251,507	1.931
Total Operating Expenses Before Provisions for Credit and Other Losses	104,052	91,740	13.42
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	48,340	32,297	49.673
Profit (Loss) per Share	0.41	0.32
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	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in special commission income during the current quarter compared to the same quarter of the last year is	The Company achieved total income from special commission of financing of SR 164.619 million during the current quarter, compared to SR 139.323 million for the corresponding quarter of the previous year, representing an increase of 18.16%. The increase is mainly attributable to an increase in the Company’s loans and advances portfolio during the period by 4.29% as well as enhancement of yield on such portfolio during the period and a gain on the sale of a portion of the financing portfolio.
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 achieved a net profit of SR 25.525 million during the current quarter, compared to SR 20.390 million for the corresponding quarter of the previous year, representing an increase of 25.18%. The increase in net profit is mainly attributable to: - Increase in income from special commission of financing, and - Decrease in finance costs; partially offset by: - Increase in operating expenses; and - Increase in total net provision for expected credit losses.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the same quarter of the last year is	The Company recognized SR 24.483 million in net provision of expected credit losses during the current quarter, compared to SR 11.608 million during the corresponding quarter of the previous year, representing an increase of 110.91%. The increase in total net provision for expected credit losses and other losses is attributable to: - Growth in the Company’s loans and advances portfolio compared to the corresponding quarter of the previous year; - Refinements to the expected credit loss model assumptions and estimation methodology; and - Updated model-based expected credit loss estimates to reflect the continued uncertainty associated with geopolitical conditions.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	The Company achieved total income from special commission of financing of SR 164.619 million during the current quarter, compared to SR 146.734 million for the previous quarter, representing an increase of 12.19%. The increase is mainly attributable to an increase in the Company’s loans and advances portfolio as well as enhancement of yield on such portfolio during the period and a gain on the sale of a portion of the financing portfolio.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	The Company achieved a net profit of SR 25.525 million during the current quarter, compared to SR 15.815 million for the previous quarter, representing an increase of 61.40%. The increase in net profit is mainly attributable to: - Increase in income from special commission of financing, partially offset by: - Increase in finance costs; - Increase in operating expenses; and - Increase in total net provision for expected credit losses.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the previous quarter is	The Company recognized SR 24.483 million in net provision of expected credit losses during the current quarter, compared to SR 23.857 million during the previous quarter, representing an increase of 2.62%. The increase in total net provision for expected credit losses and other losses is attributable to: - Growth in the Company’s loans and advances portfolio compared to previous quarter; and - Updated model-based expected credit loss estimates to reflect the continued uncertainty associated with geopolitical conditions.
The reason of the increase (decrease) in special commission income during the current period compared to the same period of the last year is	The Company achieved total income from special commission of Financing of SR 311.353 million during the current period, compared to SR 277.512 million for the corresponding period of the previous year, representing an increase of 12.19%. The increase is mainly attributable to an increase in the Company’s loans and advances portfolio during the period by 4.29% as well as enhancement of yield on such portfolio during the period and a gain on the sale of a portion of the financing portfolio.
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 achieved a net profit of SR 41.340 million during the current period, compared to SR 32.305 million for the corresponding period of the previous year, representing an increase of 27.97%. The increase in net profit is mainly attributable to: - Increase in income from special commission of financing, and - Decrease in finance costs; partially offset by: - Increase in operating expenses; and - Increase in total net provision for expected credit losses.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current period compared to the same period of the last year is	The Company recognized SR 48.340 million in net provision for expected credit losses during the current period, compared to SR 32.297 million for the corresponding period of the previous year, representing an increase of 49.67%. The increase in total net provision for expected credit losses and other losses is attributable to: - Growth in the Company’s loans and advances portfolio compared to same period of last year; - Refinements to the expected credit loss model assumptions and estimation methodology; and - Updated model-based expected credit loss estimates to reflect the continued uncertainty associated with geopolitical 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)	None.
Reclassification of Comparison Items	No comparative figures have been reclassified to be consistent with the presentation of the current period.
Additional Information	The following notes are relevant to this announcement: 1. The Company is not currently engaged in any deposit-taking activities; therefore, clients’ deposits are not applicable. 2. The Company is not currently engaged in any activities that generate special commission income from investments; therefore, special commission income from investments is not applicable.