Abdullah Al Othaim Markets Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months ) | premargin

Abdullah Al Othaim Markets Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )

TadawulNovember 4, 2025View on exchange

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	2,711.29	2,563.1	5.781	2,535.24	6.944
Gross Profit (Loss)	565.15	563.91	0.219	578.84	-2.365
Operational Profit (Loss)	47	82.11	-42.759	76.7	-38.722
Net profit (Loss)	17.48	69.16	-74.725	41.14	-57.51
Total Comprehensive Income	17.35	64.95	-73.287	40.87	-57.548
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	8,384.5	8,065.7	3.952
Gross Profit (Loss)	1,776.02	1,732.2	2.529
Operational Profit (Loss)	229.6	279.69	-17.909
Net profit (Loss)	134.98	225.51	-40.144
Total Comprehensive Income	136.58	209.54	-34.819
Total Shareholders Equity (after Deducting Minority Equity)	1,203.27	1,082.29	11.178
Profit (Loss) per Share	0.15	0.25
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	-	-
Accumulated Losses	-	-
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	Growth in sales driven by the diversification of sales channels.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The decrease in the profit margin was mainly due to offering promotional discounts and campaigns aimed to enhancing its market share and supporting the achievement of sales targets, which contributed to a sales growth by 5.8%. In addition, the results were affected by higher operating costs across various sales channels and increased expenses associated with opening new branches (less than two years old), most notably the cost of financing lease contracts in accordance with IFRS 16. The company's share of profits from associates also decreased. On the other hand, rental and financing revenues increased following the renewal of the lease contract for the commercial of the shopping mall in Dammam. Furthermore, the labor services segment recorded higher profits from the subsidiary, Mueen for Human Resources. It is also worth noting that the results for the corresponding quarter of the previous year included a reversal of zakat provision for prior years amounting to SAR 17.7 million.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Growth in sales driven by diversification of sales channels.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The decline in gross profit margin was mainly due to offering promotional discounts and campaigns to enhance the company market share which helps in achieving sales targets and contributed to a sales growth by 6.9%. This occurred despite improved performance of the associates in the current quarter and increased financing income from the Dammam mall lease contract. The renewal of this lease contract had a positive cumulative effect when it was signed in the previous 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	Growth in sales driven by the stores openings and diversification of sales channels.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The decline in gross profit margin was mainly due to offering promotional discounts and campaigns to maintain its market share, which contributed to a growth in sales by 3.9%. In addition, the results were affected by higher operating costs across various sales channels and increased expenses associated with opening new branches (less than two years old), most notably the cost of financing lease contracts in accordance with IFRS 16. On the other hand, the performance of the associates improved in the current quarter, the rental and financing income from the Dammam mall lease contract. Furthermore, the labor services segment recorded higher profits from the subsidiary, Mueen for Human Resources. It is also worth noting that the results for the corresponding quarter of the previous year included a reversal of zakat provision for prior years amounting to SAR 17.7 million.
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)	Not Applicable
Reclassification of Comparison Items	Some comparative figures have been restated to be consistent with the presentation of the current period.
Additional Information	During the current quarter, the Company opened (2) two stores and shut down (1) one store , compared to opening (15) fifteen stores and shut down (1) one store during the same quarter of the last year.