Thob Al-Aseel Company Announces Its Condensed Consolidated Interim Financial Results for the period ending on 30-06-2025 (Six Months) | premargin

Thob Al-Aseel Company Announces Its Condensed Consolidated Interim Financial Results for the period ending on 30-06-2025 (Six Months)

TadawulJuly 22, 2025View on exchange

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	87.36	116.43	-24.967	225.48	-61.255
Gross Profit (Loss)	36.31	52.85	-31.296	98.97	-63.312
Operational Profit (Loss)	15.42	32.85	-53.059	72.52	-78.736
Net profit (Loss)	9.23	26.67	-65.391	63.03	-85.356
Total Comprehensive Income	9.97	27.59	-63.863	61.87	-83.885
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	312.84	327.6	-4.505
Gross Profit (Loss)	135.27	133.27	1.5
Operational Profit (Loss)	87.94	80.42	9.35
Net profit (Loss)	72.25	66.72	8.288
Total Comprehensive Income	71.84	67.55	6.35
Total Shareholders Equity (after Deducting Minority Equity)	624.82	612.25	2.053
Profit (Loss) per Share	0.18	0.17
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	Sales decreased during the current quarter compared to the same quarter of the previous year, due to the fact that the comparable quarter of the previous year included a portion of Ramadan sales.
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 net profit for the current quarter of 2025 compared to the same quarter of the previous year to attributable to a decreased in sales, which was significantly impacted by the timing difference of the Ramadan season, as sales during this period represent the majority of the company’s annual revenue.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Sales decreased during the second quarter of 2025 compared to the previous quarter, due to the Ramadan sales season coinciding with the first quarter.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the decrease in net profit for the current quarter of 2025 compared to the previous quarter is due to: Decrease in sales resulting from seasonality of activity.
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 for the current period decreased by 4.51% compared to the same period last year as a result of the decrease in the quantity of sales due to the credit policy update.
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 reason for the 8.29% increase in net profit for the current period compared to the same period last year is attributed to the relative improvement in profit margins resulting from the sales of high-profit items, in addition to the decrease in the provision for credit losses during the current period due to improved collection rates.
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)	None
Reclassification of Comparison Items	None
Additional Information	We would like to draw the attention of our valued shareholders, The Consolidated Financial statements for the Three Months ended 30 June 2025 will be available on the investor relations app for Al-Aseel Smart Phones and Tablets, and through the company's website at the following link http://www.alaseel.com.sa/investor, after sending it to the competent authorities.