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Zahrat Al Waha for Trading Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	128,832,248	125,935,824	2.299	95,992,103	34.211
Gross Profit (Loss)	15,050,852	4,060,174	270.694	15,996,786	-5.913
Operational Profit (Loss)	12,092,159	-5,436,500	-	11,792,139	2.544
Net Profit (Loss) Attributable to Shareholders of the Issuer	8,691,547	-8,283,206	-	5,066,219	71.558
Total Comprehensive Income Attributable to Shareholders of the Issuer	8,643,143	-8,213,784	-	5,144,932	67.993
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)	299,668,819	289,651,224	3.458
Profit (Loss) per Share	0.039	-0.037
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	The reason for the increase in sales during the current quarter compared to the same quarter of the previous year is due to: - Increased sales in the plastic cap segment - Increased sales in the printing segment - Increased sales in the packaging segment - Increased selling prices in the plastic bottles (Perform) segment due to higher raw material costs
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 reason for the increase in net profit during the current quarter compared to the same quarter of the previous year is due to: - Decreased cost of sales - Decreased selling and distribution expenses - Decreased expected credit losses on trade receivables - Decreased finance costs - Increased other income
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason for the increase in sales during the current quarter compared to the previous quarter is due to: - Increased selling prices due to increased raw material costs - Increased sales in the printing segment - Increased sales in the packaging segment
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the increase in net profit during the current quarter compared to the previous quarter is due to: - Decreased administrative and general expenses - Decreased finance costs - Increased other income - Increased net changes in investments at fair value through profit or loss (investment portfolio)
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)	No
Reclassification of Comparison Items	During the period ending 31 March 2026, the company has reclassified some comparative figures to align with the presentation of the current period. The reclassification had no impact on the profit or loss or on equity. The reclassification of purchase of investments at fair value through profit or loss and proceeds from the sale of investments at fair value through profit or loss from investment activities to operating activities. The table below illustrates the impact on the cash flow statement for the period ended 31 March 2025: Net cash flow generated from operating activities: Before Reclassification 56,224,222 – Reclassification (2,289,897) - After Reclassification 53,934,325 Net cash flow used in investing activities: Before Reclassification (5,132,488) – Reclassification 1,426,246 - After Reclassification (3,706,242) Net cash flow used in financing activities: Before Reclassification (43,371,548) – Reclassification 863,651 - After Reclassification (42,507,897)
Additional Information	1- Sales in the current quarter of 2026 increased by 2.3% compared to the sales in the same quarter of the previous year, 2025, while the cost of sales for the current quarter of 2026 decreased by 6.64% compared to the cost of sales in the same quarter of 2025, which affected improving gross profit, which increased from 3.22% during the same quarter of the previous year, 2025, to 11.68% during the current quarter of 2026. 2- Despite the increase in sales for the current quarter of 2026 compared to the sales for the same quarter of the previous year 2025, the selling and distribution expenses for the current quarter of 2026 decreased by 15% compared to the selling and distribution expenses for the same quarter of the previous year 2025. Also, the expected credit losses on trade receivables created during the current quarter of 2026 decreased by 51.6% compared to the provision during the same quarter of the previous year, 2025. 3- Other income increased during the current quarter of 2026 by 1795% compared to other income during the same quarter of the previous year 2025 due to the Zakat refund for the years 2019 and 2020 after a final judgment was issued in favor of the company in the amount of 3.36 million riyals, as well as the customs duties refunded for the year 2025 in the amount of 1.52 million riyals. 4- The company achieved an operating profit of SAR 12.10 million during the current quarter of 2026, compared to an operating loss of SAR (5.44) million during the same quarter of the previous year, 2025, as a result of an increase in gross profit, a decrease in selling and distribution expenses, a decrease in the provision for impairment of trade receivables, and an increase in other income. 5- Financing costs decreased during the current quarter of 2026 by 15.87% compared to the same quarter of 2025 due to the company’s plan to reduce reliance on loans, especially long-term loans. 6- The company achieved a profit before zakat of 9.40 million riyals during the current quarter of 2026, compared to losses before zakat during the same quarter of the previous year, 2025, of (7.98) million riyals, due to the increase in operating profit and the decrease in financing costs. 7- The company achieved a net profit of 8.7 million riyals, compared to a net loss of (8.3) million riyals during the same quarter of the previous year, 2025, as a result of the increase in profit before zakat. 8- The balance of long-term loans as of March 31, 2026, was 20% lower than its balance as of December 31, 2025. 9- Despite the current geopolitical and security developments and the increased instability in regional and global markets, no adjustments have been made to the balances or disclosures supplementing the financial statements for the first quarter ending March 31, 2026. There are no negative indicators affecting the company's ability to continue its business operations in accordance with the going concern principle. The company's management is monitoring relevant developments and will take appropriate action when needed. 10- Basic earnings per share are calculated by dividing income for the period attributable to the Company’s ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. Diluted earnings per share are the same as basic earnings per share because the company has no dilutive instruments. 11- We would like to draw the attention of our valued shareholders to the condensed interim Financial Statements for the three-month period ended 31 March 2026, which will be available on the investor relations app for Zahrat Al Waha for Trading Co. smartphones and tablets, and through the company's website at the following link https://zaoasis.com/investors/financial-information after sending it to the competent authorities.