| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,794.4 | 2,635 | 6.049 | 2,589.3 | 7.921 |
| Gross Profit (Loss) | 987.7 | 943.8 | 4.651 | 955.2 | 3.402 |
| Operational Profit (Loss) | 259.7 | 270 | -3.814 | 208.3 | 24.675 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 235.7 | 255.2 | -7.641 | 175.9 | 33.996 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 262.1 | 253 | 3.596 | 227.5 | 15.208 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 2,615.7 | 2,449.1 | 6.802 |
| Profit (Loss) per Share | 1.81 | 1.96 | |
| All figures are in (Millions) 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 (Millions) 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: Nahdi’s Medical Company revenue grew by 6.1% in the first quarter of 2026, reaching SAR 2,794.4 million compared to SAR 2,635.0 million in the same quarter last year. The Retail business delivered a 4.7 % increase, driven by growth in both Pharma and Front Shop segments. Additionally, the Healthcare and the regional expansion businesses continued their upward momentum, recording growth of 34.8% and 31.8%, respectively (please refer to the attached press release for detailed analysis). |
| 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: The Company reported a net profit of SAR 235.7 million, compared to SAR 255.2 million in the same quarter last year, lower by 7.6% or SAR 19.5 million. Excluding one-time zakat provision release of SAR 17.8 million in Q1 2025, net profit performance remained almost flat. This result is attributed to the following reasons: - Gross Profit: The Company’s gross profit increased by 4.7% or SAR 43.9 million year-over-year to reach SAR 987.7 million, compared to SAR 943.8 million in the same quarter last year, driven by higher revenue across key businesses. Meanwhile, gross margin landed at 35.3% compared to 35.8% in the same quarter last year. This performance reflects the change in business mix with the accelerated growth in healthcare, online and ongoing investments to support revenue growth. - Operating Profit: The Company’s operating profit reached SAR 259.7 million compared to SAR 270.0 million, lower by SAR 3.8% or 10.2 million, resulted from the increase in operating expenses, incurred mainly from the continued investments to support the revenue growth and the business expansions. Furthermore, there was a net increase of SAR 9.2 million in items below operating profit, mainly in zakat provision, which is attributable to lower base in the same quarter last year, which resulted from a one-time release of zakat provision. As a result, net profit reached SAR 235.7 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue: The Company’s revenue grew by 7.9% or SAR 205.2 million to reach SAR 2,794.4 million in the first quarter of 2026 compared to SAR 2,589.3 million in the previous quarter, mainly driven by the seasonality. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net Profit: The Company's net profit rose by 34.0% or SAR 59.8 million reaching SAR 235.7, primarily driven by an increase in gross profit from higher revenue. |
| 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) | N/A |
| Reclassification of Comparison Items | - Certain comparative information has been reclassified to align with the current presentation for the period ending 31 March 2026. |
| Additional Information | - Other Comprehensive Income increased due to decrease in actuarial expense resulted from re-assessment of the actuarial estimate for the end-of-service indemnity. - In accordance with the Company’s governance, it strictly adheres to Shariah principles in all areas of its business, including banking and investment activities. As a result, all costs incurred, and revenues generated from these activities are Shariah-compliant. |
| Attached Documents | Attached Documents |
