Corrective Announcement from Al Omran Industrial Trading Company Regarding the Preliminary Financial Results for the Period Ended 2026-03-31

Al Omran Industrial Trading Company issued a corrective announcement for the period ended March 31, 2026, reporting a revised net loss of 4,215, which represents a 120% increase in losses year-over-year. The corrected loss per share stands at -0.35, nearly doubling the loss of -0.2 initially reported.
The company significantly adjusted its operating loss to 2,710, a 243% increase compared to the same quarter of the previous year. While this is a 44% improvement from the previous quarter's losses, it marks a substantial downward revision from the initially stated operating loss of 851.
The revision was necessitated by the identification of doubtful debts that may not be collectible, requiring a recalculation of provisions. This adjustment reflects a more conservative valuation of the company's receivables following the emergence of indicators from subsequent events.
Total shareholders' equity (excluding minority interest) was revised downward to 143,557, representing a 7% decline year-over-year. This correction indicates a slightly higher erosion of the company's equity base than the 5% decrease previously disclosed to investors.

Element List	Explanation
Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website	2026-05-12 Corresponding to 1447-11-25
Hyperlink to the Previous Announcement	Click Here
Incorrect statements in the previous announcement	* Operating Profit (Loss): -851 (Compared to the corresponding quarter of the previous year: 8%) (Compared to the previous quarter: -82%) * Net Profit (Loss) after Zakat and Tax: -2,356 (Compared to the corresponding quarter of the previous year: 23%) (Compared to the previous quarter: -65%) * Total Comprehensive Income: -2,356 (Compared to the corresponding quarter of the previous year: 23%) (Compared to the previous quarter: -64%) * Total Shareholders’ Equity (after excluding minority interest): 145,417 (Compared to the corresponding quarter of the previous year: -5%) * Earnings (Loss) per Share: -0.2 (Compared to the corresponding quarter of the previous year: 25%)
Correct Statement	* Operating Profit (Loss): -2,710 (Compared to the corresponding quarter of the previous year: 243%) (Compared to the previous quarter: -44%) * Net Profit (Loss) after Zakat and Tax: -4,215 (Compared to the corresponding quarter of the previous year: 120%) (Compared to the previous quarter: -38%) * Total Comprehensive Income: -4,215 (Compared to the corresponding quarter of the previous year: 120%) (Compared to the previous quarter: -35%) * Total Shareholders’ Equity (after excluding minority interest): 143,557 (Compared to the corresponding quarter of the previous year: -7%) * Earnings (Loss) per Share: -0.35 (Compared to the corresponding quarter of the previous year: 119%)
Additional Information	Due to the emergence of indicators from subsequent events suggesting the existence of doubtful debts that may not be collectible, it became necessary to recalculate the provision.