| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 147,682,464 | 147,559,065 | 0.083 | 99,188,588 | 48.89 |
| Gross Profit (Loss) | 29,591,045 | 32,662,777 | -9.404 | 23,324,348 | 26.867 |
| Operational Profit (Loss) | 15,417,480 | 21,438,128 | -28.083 | 11,429,414 | 34.893 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 14,101,482 | 19,861,302 | -29 | 9,660,148 | 45.975 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 14,101,482 | 19,861,302 | -29 | 9,660,148 | 45.975 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 335,111,645 | 364,016,141 | -7.94 |
| Gross Profit (Loss) | 74,501,971 | 85,524,918 | -12.888 |
| Operational Profit (Loss) | 36,838,337 | 54,050,867 | -31.845 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 32,988,435 | 49,205,850 | -32.958 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 32,988,435 | 49,205,850 | -32.958 |
| Total Shareholders Equity (after Deducting Minority Equity) | 185,702,560 | 162,714,125 | 14.128 |
| Profit (Loss) per Share | 0.33 | 0.49 | |
| 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 for the third quarter FY26 is SAR 147.7m compared to SAR 147.6m for the same quarter in FY25. The overall Group revenue is flat however the mix of the revenue is weighted more towards Stationary refrigeration this fiscal year which drives the overall Group margin to be lower vs. Prior Year period |
| 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 for the third quarter FY26 is SAR 14.1m compared to SAR 19.9m for the same quarter in FY25. The reduction in net profit is due to three key factors: 1) the lower Gross Margin % explained by the mix change in favour of Stationary Refrigeration 2) higher indirect costs driven by new roles in the organization required as a listed entity, including the costs of an expanded Board of Directors and 3) increase of Bad Debt provision |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue for the third quarter FY26 is SAR 147.7m compared to SAR 99.2m for the previous quarter. The increase is due to the timing impact of order intake with a slower start in first quarter order intake causing second quarter revenues to be lower across all segments vs. expecatations. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net Profit for the third quarter FY26 is SAR 14.1m compared to SAR 9.6m for the previous quarter. The driver of the increase in net profit was higher revenue, with the positive impact offset partly by lower Group level gross margins due to revenue mix as well as higher indirect costs due to bad debt impact higher in the third quarter as compared to the second quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenue for the year to date period in FY26 is SAR 335.1m compared to SAR 364.0m for the same period in FY25. The decrease is driven by the timing of order intake vs prior year, attributable to the Automotive Solutions segment |
| 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 for the year to date period in FY26 is SAR 33.0m compared to SAR 49.2m for the same period in FY25. The reduction in net profit is due to 1) lower revenues year over year, 2) lower Gross Margin % overall due to the the mix of revenue weighted more toward Stationary Refrigeration, 3) higher indirect costs driven by new roles in the organization required as a listed entity, including the costs of an expanded Board of Directors and 4) increase of Bad Debt provision |
| 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 | - |
