Sadr Logistics Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )

•An increase in Steel Sector revenues by17%.

•A remarkable 137% surge in Logistics Sector revenues.

This overall growth was achieved despite a 30% decline in Wooden Sector sales and a decrease in revenues from other sectors.

•A 23% growth in sales revenues, while the cost of revenues increased at a lower rate (10%), leading to a substantial 74% surge in gross profit and an expansion in gross profit margins from 21% to 29%.

•The expected credit loss (ECL) provisions recorded during the same quarter for previous year otherwise nill recorded for current quarter.

These positive factors offset the 29% increase in selling and marketing expenses (driven by higher sales volumes and workforce deployment) and the 27% increase in general and administrative expenses, as well as a decrease in other income due to foreign currency exchange differences.

•A 3% decrease in the cost of revenues.

•A 9% decrease in both selling and marketing expenses, and general and administrative expenses.

•The expected credit loss (ECL) provisions recorded during the previous quarter for previous year otherwise nill recorded for current quarter.

These factors collectively contributed to a 20% increase in operating profit, which positively impacted the bottom line,despite the slight decline in revenues.