| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 107,287,408 | 87,102,914 | 23.173 | ||
| Net profit (Loss) | 4,328,476 | 7,532,546 | -42.536 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 70,722,343 | 67,927,978 | 4.113 | ||
| Profit (Loss) per Share | 1.35 | 2.35 | |||
| 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 period compared to the same period of the last year is | Sales revenues increased by SAR 20.5 million during the first half of 2025 compared to the same period last year, driven by increased average point-of-sale sales and the opening of new branches. |
| 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 period decreased by SAR 3.2 million compared to the net profit for the same period in 2024, due to the following reasons: Gross Profit: - The gross profit margin declined from 40.7% in the same period last year to 38% in the current period, primarily due to higher food costs and other operational expenses. Selling and distribution expenses: Selling and distribution expenses increased by SAR 7.3 million, driven by sales growth and the increase in delivery companies' share of sales. Provision for expected credit losses: A provision for doubtful accounts receivable was created in the amount of 737 thousand riyals. Earnings per share: Basic earnings per share for the period amounted to SAR 1.35, compared to SAR 2.35 for the same period last year. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | The Company's management reviewed the calculation for lease contracts in effect as of December 31, 2024, and June 30, 2024, which resulted in the restatement of some existing lease contracts, as well as the introduction of adjustments and corrections related to both the lease obligations and the associated right-of-use assets. This was explained in the notes attached to the financial statements as of June 30, 2025. |
