ALSAFAT INVESTMENT COMPANY

Al Safat Investment Co. KSCC

ALSAFATStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	3.31M	1.77M	1.78M	1.03M	1.49M
Cash & Short-Term Investments	11.63M	6.25M	5.81M	1.10M	1.56M
Receivables	3.73M	3.99M	3.75M	1.87M	1.70M
Inventory	402.05K	346.84K	322.38K	623.70K	462.91K
Current Assets	15.93M	11.36M	15.32M	10.51M	5.35M
PP&E	5.09M	5.22M	2.14M	2.92M	8.56M
Intangible Assets	—	—	—	0.77K	2.59K
Total Assets	47.99M	43.72M	43.84M	36.83M	40.06M
Liabilities
Accounts Payable	0.77M	0.97M	1.05M	1.80M	2.16M
Current Liabilities	3.25M	3.59M	5.48M	4.70M	4.13M
Short-Term Debt	—	—	—	126.89K	390.67K
Total Debt	3.84M	4.25M	3.65M	3.03M	3.76M
Total Liabilities	8.40M	9.19M	10.12M	8.44M	11.23M
Equity & Ownership
Retained Earnings	7.47M	-3.29M	4.58M	3.54M	6.35M
Total Equity	39.59M	34.53M	33.71M	28.39M	28.83M
Net Debt	-7.80M	-2.00M	-2.16M	1.93M	2.19M
Shares Outstanding	285,968,197	285,969,554	280,170,518	233,943,218	233,943,688
Cash & Assets
Total Assets	47.99M	43.72M	43.84M	36.83M	40.06M
Total Current Assets	15.93M	11.36M	15.32M	10.51M	5.35M
Cash & Equivalents	3.31M	1.77M	1.78M	1.03M	1.49M
Cash & Short-Term Investments	11.63M	6.25M	5.81M	1.10M	1.56M
Net Cash (Debt)	7.80M	2.00M	2.16M	-1.93M	-2.19M
Net Cash Per Share	0.03	0.01	0.01	-0.01	-0.01
Cash Growth	+86.0%	+7.6%	+429.1%	-29.7%	-45.5%
Net Cash Growth	+289.6%	-7.5%	—	—	—
Accounts Receivable	1.07M	1.34M	1.08M	1.55M	1.29M
Other Receivables	2.66M	2.65M	2.66M	0.31M	0.41M
Receivables	3.73M	3.99M	3.75M	1.87M	1.70M
Inventory	402.05K	346.84K	322.38K	623.70K	462.91K
Prepaid Expenses	165.46K	346.12K	187.41K	230.93K	281.98K
Construction In Progress	—	—	—	376.88K	—
Buildings	0.85M	0.85M	0.40M	1.07M	1.44M
Machinery	5.25M	5.00M	4.91M	5.15M	5.16M
Property, Plant & Equipment	5.09M	5.22M	2.14M	2.92M	8.56M
Other Intangible Assets	—	—	—	0.77K	2.59K
Other Current Assets	—	0.42M	5.26M	6.69M	1.35M
Other Long-Term Assets	16.21M	16.87M	16.17M	17.53M	19.92M
Long-Term Leases	3.35M	3.80M	3.26M	2.56M	3.04M
Current Portion of Leases	487.88K	450.61K	388.92K	346.16K	321.60K
Loans & Investments
Trading Asset Securities	8.32M	4.48M	4.03M	0.07M	0.06M
Short-Term Investments	5.50K	5.50K	5.50K	5.50K	11.00K
Long-Term Investments	10.76M	10.27M	10.20M	5.87M	6.22M
Liabilities & Obligations
Total Liabilities	8.40M	9.19M	10.12M	8.44M	11.23M
Total Liabilities & Equity	47.99M	43.72M	43.84M	36.83M	40.06M
Total Current Liabilities	3.25M	3.59M	5.48M	4.70M	4.13M
Accounts Payable	0.77M	0.97M	1.05M	1.80M	2.16M
Accrued Expenses	1.63M	1.93M	1.96M	1.47M	1.03M
Current Income Taxes Payable	258.71K	235.75K	261.41K	220.90K	229.33K
Other Current Liabilities	0.10M	—	1.81M	0.73M	—
Pension & Post-Retirement Benefits	1.13M	1.04M	1.00M	0.76M	0.91M
Other Long-Term Liabilities	0.68M	0.76M	0.39M	0.43M	3.14M
Debt & Funding
Short-Term Debt	—	—	—	126.89K	390.67K
Total Debt	3.84M	4.25M	3.65M	3.03M	3.76M
Equity & Book Value
Shareholders' Equity	39.59M	34.53M	33.71M	28.39M	28.83M
Total Common Equity	35.65M	30.47M	29.45M	22.79M	23.23M
Common Stock	31.75M	38.33M	38.33M	28.33M	26.98M
Additional Paid-In Capital	0.46M	0.46M	1.07M	0.87M	0.87M
Retained Earnings	7.47M	-3.29M	4.58M	3.54M	6.35M
Treasury Stock	-3.43M	-4.07M	-4.82M	-0.31M	-0.31M
Comprehensive Income & Other	-0.60M	-0.96M	-9.72M	-9.65M	-10.66M
Minority Interest	3.95M	4.07M	4.27M	5.60M	5.59M
Book Value Per Share	0.12	0.11	0.11	0.10	0.10
Tangible Book Value	35.65M	30.47M	29.45M	22.79M	23.23M
Tangible Book Value Per Share	0.12	0.11	0.11	0.10	0.10
Filing Date Shares Outstanding	285.97M	285.97M	280.17M	233.94M	233.94M
Total Common Shares Outstanding	285.97M	285.97M	280.17M	233.94M	233.94M
Working Capital	12.68M	7.78M	9.84M	5.81M	1.22M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	3.31M	1.77M	1.78M	1.03M	1.49M
Cash & Short-Term Investments	11.63M	6.25M	5.81M	1.10M	1.56M
Receivables	3.73M	3.99M	3.75M	1.87M	1.70M
Inventory	402.05K	346.84K	322.38K	623.70K	462.91K
Current Assets	15.93M	11.36M	15.32M	10.51M	5.35M
PP&E	5.09M	5.22M	2.14M	2.92M	8.56M
Intangible Assets	—	—	—	0.77K	2.59K
Total Assets	47.99M	43.72M	43.84M	36.83M	40.06M
Liabilities
Accounts Payable	0.77M	0.97M	1.05M	1.80M	2.16M
Current Liabilities	3.25M	3.59M	5.48M	4.70M	4.13M
Short-Term Debt	—	—	—	126.89K	390.67K
Total Debt	3.84M	4.25M	3.65M	3.03M	3.76M
Total Liabilities	8.40M	9.19M	10.12M	8.44M	11.23M
Equity & Ownership
Retained Earnings	7.47M	-3.29M	4.58M	3.54M	6.35M
Total Equity	39.59M	34.53M	33.71M	28.39M	28.83M
Net Debt	-7.80M	-2.00M	-2.16M	1.93M	2.19M
Shares Outstanding	285,968,197	285,969,554	280,170,518	233,943,218	233,943,688
Cash & Assets
Total Assets	47.99M	43.72M	43.84M	36.83M	40.06M
Total Current Assets	15.93M	11.36M	15.32M	10.51M	5.35M
Cash & Equivalents	3.31M	1.77M	1.78M	1.03M	1.49M
Cash & Short-Term Investments	11.63M	6.25M	5.81M	1.10M	1.56M
Net Cash (Debt)	7.80M	2.00M	2.16M	-1.93M	-2.19M
Net Cash Per Share	0.03	0.01	0.01	-0.01	-0.01
Cash Growth	+86.0%	+7.6%	+429.1%	-29.7%	-45.5%
Net Cash Growth	+289.6%	-7.5%	—	—	—
Accounts Receivable	1.07M	1.34M	1.08M	1.55M	1.29M
Other Receivables	2.66M	2.65M	2.66M	0.31M	0.41M
Receivables	3.73M	3.99M	3.75M	1.87M	1.70M
Inventory	402.05K	346.84K	322.38K	623.70K	462.91K
Prepaid Expenses	165.46K	346.12K	187.41K	230.93K	281.98K
Construction In Progress	—	—	—	376.88K	—
Buildings	0.85M	0.85M	0.40M	1.07M	1.44M
Machinery	5.25M	5.00M	4.91M	5.15M	5.16M
Property, Plant & Equipment	5.09M	5.22M	2.14M	2.92M	8.56M
Other Intangible Assets	—	—	—	0.77K	2.59K
Other Current Assets	—	0.42M	5.26M	6.69M	1.35M
Other Long-Term Assets	16.21M	16.87M	16.17M	17.53M	19.92M
Long-Term Leases	3.35M	3.80M	3.26M	2.56M	3.04M
Current Portion of Leases	487.88K	450.61K	388.92K	346.16K	321.60K
Loans & Investments
Trading Asset Securities	8.32M	4.48M	4.03M	0.07M	0.06M
Short-Term Investments	5.50K	5.50K	5.50K	5.50K	11.00K
Long-Term Investments	10.76M	10.27M	10.20M	5.87M	6.22M
Liabilities & Obligations
Total Liabilities	8.40M	9.19M	10.12M	8.44M	11.23M
Total Liabilities & Equity	47.99M	43.72M	43.84M	36.83M	40.06M
Total Current Liabilities	3.25M	3.59M	5.48M	4.70M	4.13M
Accounts Payable	0.77M	0.97M	1.05M	1.80M	2.16M
Accrued Expenses	1.63M	1.93M	1.96M	1.47M	1.03M
Current Income Taxes Payable	258.71K	235.75K	261.41K	220.90K	229.33K
Other Current Liabilities	0.10M	—	1.81M	0.73M	—
Pension & Post-Retirement Benefits	1.13M	1.04M	1.00M	0.76M	0.91M
Other Long-Term Liabilities	0.68M	0.76M	0.39M	0.43M	3.14M
Debt & Funding
Short-Term Debt	—	—	—	126.89K	390.67K
Total Debt	3.84M	4.25M	3.65M	3.03M	3.76M
Equity & Book Value
Shareholders' Equity	39.59M	34.53M	33.71M	28.39M	28.83M
Total Common Equity	35.65M	30.47M	29.45M	22.79M	23.23M
Common Stock	31.75M	38.33M	38.33M	28.33M	26.98M
Additional Paid-In Capital	0.46M	0.46M	1.07M	0.87M	0.87M
Retained Earnings	7.47M	-3.29M	4.58M	3.54M	6.35M
Treasury Stock	-3.43M	-4.07M	-4.82M	-0.31M	-0.31M
Comprehensive Income & Other	-0.60M	-0.96M	-9.72M	-9.65M	-10.66M
Minority Interest	3.95M	4.07M	4.27M	5.60M	5.59M
Book Value Per Share	0.12	0.11	0.11	0.10	0.10
Tangible Book Value	35.65M	30.47M	29.45M	22.79M	23.23M
Tangible Book Value Per Share	0.12	0.11	0.11	0.10	0.10
Filing Date Shares Outstanding	285.97M	285.97M	280.17M	233.94M	233.94M
Total Common Shares Outstanding	285.97M	285.97M	280.17M	233.94M	233.94M
Working Capital	12.68M	7.78M	9.84M	5.81M	1.22M