SPECIALITIES GROUP HOLDING CO.

Specialties Group Holding Company K.S.C. (Closed)

SPECStocksBoursa KuwaitMaterials

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	1.66M	1.58M	1.99M	3.46M	1.84M
Cash & Short-Term Investments	6.62M	6.96M	7.84M	8.97M	7.07M
Receivables	13.58M	10.42M	9.43M	10.62M	14.99M
Inventory	1.86M	1.97M	2.14M	3.46M	2.89M
Current Assets	23.32M	19.34M	19.90M	23.65M	26.58M
PP&E	9.27M	9.48M	10.24M	8.58M	2.72M
Intangible Assets	2.37M	2.52M	2.39M	0.04M	0.11M
Total Assets	49.92M	46.66M	47.67M	45.43M	40.73M
Liabilities
Accounts Payable	4.36M	2.21M	2.66M	3.31M	5.40M
Current Liabilities	10.06M	8.71M	9.97M	10.56M	6.67M
Short-Term Debt	5.16M	6.20M	7.01M	7.25M	1.27M
Total Debt	6.89M	8.39M	9.13M	7.25M	1.27M
Total Liabilities	15.02M	13.66M	15.12M	13.84M	9.77M
Equity & Ownership
Retained Earnings	3.42M	2.86M	3.01M	2.97M	2.48M
Total Equity	34.90M	32.99M	32.55M	31.59M	30.96M
Net Debt	0.27M	1.43M	1.29M	-1.72M	-5.81M
Shares Outstanding	204,060,002	204,060,124	204,060,258	204,060,384	204,060,511
Cash & Assets
Total Assets	49.92M	46.66M	47.67M	45.43M	40.73M
Total Current Assets	23.32M	19.34M	19.90M	23.65M	26.58M
Cash & Equivalents	1.66M	1.58M	1.99M	3.46M	1.84M
Cash & Short-Term Investments	6.62M	6.96M	7.84M	8.97M	7.07M
Net Cash (Debt)	-0.27M	-1.43M	-1.29M	1.72M	5.81M
Net Cash Per Share	-0.00	-0.01	-0.01	0.01	0.03
Cash Growth	-4.8%	-11.2%	-12.6%	+26.8%	-36.1%
Net Cash Growth	—	—	—	-70.3%	-47.6%
Accounts Receivable	13.58M	10.42M	9.43M	10.62M	13.61M
Other Receivables	—	—	—	—	1.38M
Receivables	13.58M	10.42M	9.43M	10.62M	14.99M
Inventory	1.86M	1.97M	2.14M	3.46M	2.89M
Construction In Progress	—	—	—	—	1.39M
Buildings	0.92M	0.92M	0.92M	0.92M	2.11M
Machinery	14.47M	13.60M	13.38M	10.99M	3.37M
Property, Plant & Equipment	9.27M	9.48M	10.24M	8.58M	2.72M
Other Intangible Assets	2.37M	2.52M	2.39M	0.04M	0.11M
Other Current Assets	1.27M	—	0.50M	0.59M	1.63M
Other Long-Term Assets	8.20M	7.21M	6.25M	6.25M	1.47M
Long-Term Accounts Receivable	4.09M	4.24M	4.87M	2.95M	3.09M
Long-Term Leases	1.19M	1.89M	1.83M	—	—
Current Portion of Leases	545.42K	303.34K	292.22K	—	—
Loans & Investments
Trading Asset Securities	2.86M	2.87M	2.80M	2.71M	2.74M
Short-Term Investments	2.10M	2.50M	3.05M	2.80M	2.50M
Long-Term Investments	2.68M	3.87M	4.03M	3.97M	6.77M
Liabilities & Obligations
Total Liabilities	15.02M	13.66M	15.12M	13.84M	9.77M
Total Liabilities & Equity	49.92M	46.66M	47.67M	45.43M	40.73M
Total Current Liabilities	10.06M	8.71M	9.97M	10.56M	6.67M
Accounts Payable	4.36M	2.21M	2.66M	3.31M	5.40M
Pension & Post-Retirement Benefits	1.02M	0.87M	0.81M	0.79M	0.73M
Other Long-Term Liabilities	2.76M	2.19M	2.52M	2.49M	2.38M
Debt & Funding
Short-Term Debt	5.16M	6.20M	7.01M	7.25M	1.27M
Total Debt	6.89M	8.39M	9.13M	7.25M	1.27M
Equity & Book Value
Shareholders' Equity	34.90M	32.99M	32.55M	31.59M	30.96M
Total Common Equity	34.87M	32.97M	32.28M	31.31M	30.42M
Common Stock	20.05M	18.74M	17.84M	17.00M	16.50M
Additional Paid-In Capital	13.37M	13.37M	13.37M	13.37M	13.37M
Retained Earnings	3.42M	2.86M	3.01M	2.97M	2.48M
Treasury Stock	-2.42M	-2.42M	-2.42M	-2.42M	-2.42M
Comprehensive Income & Other	455.52K	416.82K	471.38K	390.65K	490.80K
Minority Interest	26.19K	26.42K	271.01K	278.88K	535.47K
Book Value Per Share	0.17	0.16	0.16	0.15	0.15
Tangible Book Value	32.50M	30.45M	29.89M	31.27M	30.32M
Tangible Book Value Per Share	0.16	0.15	0.15	0.15	0.15
Filing Date Shares Outstanding	204.06M	204.06M	204.06M	204.06M	204.06M
Total Common Shares Outstanding	204.06M	204.06M	204.06M	204.06M	204.06M
Working Capital	13.27M	10.63M	9.93M	13.09M	19.91M

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	1.66M	1.58M	1.99M	3.46M	1.84M
Cash & Short-Term Investments	6.62M	6.96M	7.84M	8.97M	7.07M
Receivables	13.58M	10.42M	9.43M	10.62M	14.99M
Inventory	1.86M	1.97M	2.14M	3.46M	2.89M
Current Assets	23.32M	19.34M	19.90M	23.65M	26.58M
PP&E	9.27M	9.48M	10.24M	8.58M	2.72M
Intangible Assets	2.37M	2.52M	2.39M	0.04M	0.11M
Total Assets	49.92M	46.66M	47.67M	45.43M	40.73M
Liabilities
Accounts Payable	4.36M	2.21M	2.66M	3.31M	5.40M
Current Liabilities	10.06M	8.71M	9.97M	10.56M	6.67M
Short-Term Debt	5.16M	6.20M	7.01M	7.25M	1.27M
Total Debt	6.89M	8.39M	9.13M	7.25M	1.27M
Total Liabilities	15.02M	13.66M	15.12M	13.84M	9.77M
Equity & Ownership
Retained Earnings	3.42M	2.86M	3.01M	2.97M	2.48M
Total Equity	34.90M	32.99M	32.55M	31.59M	30.96M
Net Debt	0.27M	1.43M	1.29M	-1.72M	-5.81M
Shares Outstanding	204,060,002	204,060,124	204,060,258	204,060,384	204,060,511
Cash & Assets
Total Assets	49.92M	46.66M	47.67M	45.43M	40.73M
Total Current Assets	23.32M	19.34M	19.90M	23.65M	26.58M
Cash & Equivalents	1.66M	1.58M	1.99M	3.46M	1.84M
Cash & Short-Term Investments	6.62M	6.96M	7.84M	8.97M	7.07M
Net Cash (Debt)	-0.27M	-1.43M	-1.29M	1.72M	5.81M
Net Cash Per Share	-0.00	-0.01	-0.01	0.01	0.03
Cash Growth	-4.8%	-11.2%	-12.6%	+26.8%	-36.1%
Net Cash Growth	—	—	—	-70.3%	-47.6%
Accounts Receivable	13.58M	10.42M	9.43M	10.62M	13.61M
Other Receivables	—	—	—	—	1.38M
Receivables	13.58M	10.42M	9.43M	10.62M	14.99M
Inventory	1.86M	1.97M	2.14M	3.46M	2.89M
Construction In Progress	—	—	—	—	1.39M
Buildings	0.92M	0.92M	0.92M	0.92M	2.11M
Machinery	14.47M	13.60M	13.38M	10.99M	3.37M
Property, Plant & Equipment	9.27M	9.48M	10.24M	8.58M	2.72M
Other Intangible Assets	2.37M	2.52M	2.39M	0.04M	0.11M
Other Current Assets	1.27M	—	0.50M	0.59M	1.63M
Other Long-Term Assets	8.20M	7.21M	6.25M	6.25M	1.47M
Long-Term Accounts Receivable	4.09M	4.24M	4.87M	2.95M	3.09M
Long-Term Leases	1.19M	1.89M	1.83M	—	—
Current Portion of Leases	545.42K	303.34K	292.22K	—	—
Loans & Investments
Trading Asset Securities	2.86M	2.87M	2.80M	2.71M	2.74M
Short-Term Investments	2.10M	2.50M	3.05M	2.80M	2.50M
Long-Term Investments	2.68M	3.87M	4.03M	3.97M	6.77M
Liabilities & Obligations
Total Liabilities	15.02M	13.66M	15.12M	13.84M	9.77M
Total Liabilities & Equity	49.92M	46.66M	47.67M	45.43M	40.73M
Total Current Liabilities	10.06M	8.71M	9.97M	10.56M	6.67M
Accounts Payable	4.36M	2.21M	2.66M	3.31M	5.40M
Pension & Post-Retirement Benefits	1.02M	0.87M	0.81M	0.79M	0.73M
Other Long-Term Liabilities	2.76M	2.19M	2.52M	2.49M	2.38M
Debt & Funding
Short-Term Debt	5.16M	6.20M	7.01M	7.25M	1.27M
Total Debt	6.89M	8.39M	9.13M	7.25M	1.27M
Equity & Book Value
Shareholders' Equity	34.90M	32.99M	32.55M	31.59M	30.96M
Total Common Equity	34.87M	32.97M	32.28M	31.31M	30.42M
Common Stock	20.05M	18.74M	17.84M	17.00M	16.50M
Additional Paid-In Capital	13.37M	13.37M	13.37M	13.37M	13.37M
Retained Earnings	3.42M	2.86M	3.01M	2.97M	2.48M
Treasury Stock	-2.42M	-2.42M	-2.42M	-2.42M	-2.42M
Comprehensive Income & Other	455.52K	416.82K	471.38K	390.65K	490.80K
Minority Interest	26.19K	26.42K	271.01K	278.88K	535.47K
Book Value Per Share	0.17	0.16	0.16	0.15	0.15
Tangible Book Value	32.50M	30.45M	29.89M	31.27M	30.32M
Tangible Book Value Per Share	0.16	0.15	0.15	0.15	0.15
Filing Date Shares Outstanding	204.06M	204.06M	204.06M	204.06M	204.06M
Total Common Shares Outstanding	204.06M	204.06M	204.06M	204.06M	204.06M
Working Capital	13.27M	10.63M	9.93M	13.09M	19.91M