BENA

Bena Steel Industries Company

9563StocksTadawulIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	400.85M	430.76M	409.08M	374.11M	258.21M
Cost of Revenue	369.82M	391.02M	378.85M	347.61M	219.07M
Gross Profit	31.03M	39.74M	30.23M	26.50M	39.14M
SG&A	19.38M	17.03M	13.52M	10.94M	12.67M
Operating Expenses	19.36M	17.01M	13.80M	10.94M	12.68M
Operating Income	11.67M	22.74M	16.42M	15.56M	26.46M
Interest Expense	-10.42M	-10.42M	-10.56M	-7.14M	-3.82M
Other Income/Expense	-13.19K	-36.22K	-4.64K	-33.53K	-16.25K
Pretax Income	1.24M	12.28M	5.86M	8.38M	22.62M
Income Tax	0.63M	1.59M	1.05M	0.68M	1.00M
Net Income	0.61M	10.68M	4.81M	7.70M	21.62M
EBITDA	15.99M	26.47M	20.36M	19.65M	30.88M
EBIT	11.67M	22.74M	16.42M	15.56M	26.46M
EPS (Basic)	0.10	1.78	0.80	1.28	3.60
EPS (Diluted)	0.10	1.78	0.80	1.28	3.60
DPS	—	0.83	0.75	—	—
Margins & Efficiency
Gross Margin %	+7.7%	+9.2%	+7.4%	+7.1%	+15.2%
EBITDA Margin %	+4.0%	+6.1%	+5.0%	+5.3%	+12.0%
Net Margin %	+0.2%	+2.5%	+1.2%	+2.1%	+8.4%
Revenue & Income
Revenue	400.85M	430.76M	409.08M	374.11M	258.21M
Revenue Growth (YoY)	-6.9%	+5.3%	+9.3%	+44.9%	+12.5%
Expenses & Provisions
Cost of Revenue	369.82M	391.02M	378.85M	347.61M	219.07M
Selling, General & Admin	19.38M	17.03M	13.52M	10.94M	12.67M
Operating Expenses	19.36M	17.01M	13.80M	10.94M	12.68M
Other Operating Expenses	-16.81K	-28.13K	-121.16K	—	—
Interest Expense	-10.42M	-10.42M	-10.56M	-7.14M	-3.82M
Other Non Operating Income (Expenses)	-13.19K	-36.22K	-4.64K	-33.53K	-16.25K
D&A For EBITDA	4.32M	3.73M	3.94M	4.09M	4.42M
Profitability & Returns
Gross Profit	31.03M	39.74M	30.23M	26.50M	39.14M
Gross Margin	+7.7%	+9.2%	+7.4%	+7.1%	+15.2%
EBIT	11.67M	22.74M	16.42M	15.56M	26.46M
EBIT Margin	+2.9%	+5.3%	+4.0%	+4.2%	+10.2%
EBITDA	15.99M	26.47M	20.36M	19.65M	30.88M
EBITDA Margin	+4.0%	+6.1%	+5.0%	+5.3%	+12.0%
Pretax Income	1.24M	12.28M	5.86M	8.38M	22.62M
Operating Income	11.67M	22.74M	16.42M	15.56M	26.46M
Operating Margin	+2.9%	+5.3%	+4.0%	+4.2%	+10.2%
Profit Margin	+0.2%	+2.5%	+1.2%	+2.1%	+8.4%
Net Income	0.61M	10.68M	4.81M	7.70M	21.62M
Net Income to Common	0.61M	10.68M	4.81M	7.70M	21.62M
Net Income Growth	-94.3%	+121.9%	-37.5%	-64.4%	+125.0%
Income Tax Expense	0.63M	1.59M	1.05M	0.68M	1.00M
Effective Tax Rate	+50.6%	+13.0%	+17.9%	+8.1%	+4.4%
Per Share & Capital
EPS (Basic)	0.10	1.78	0.80	1.28	3.60
EPS (Diluted)	0.10	1.78	0.80	1.28	3.60
EPS Growth	-94.3%	+121.9%	-37.5%	-64.4%	+125.0%
Dividend Per Share	—	0.83	0.75	—	—
Shares Outstanding (Basic)	6.00M	6.00M	6.00M	6.00M	6.00M
Shares Outstanding (Diluted)	6.00M	6.00M	6.00M	6.00M	6.00M
Dividend Growth	—	+10.7%	—	—	—
Free Cash Flow	-21.33M	-8.98M	-5.20M	3.44M	20.62M
Free Cash Flow Margin	-5.3%	-2.1%	-1.3%	+0.9%	+8.0%
Free Cash Flow Per Share	-3.56	-1.50	-0.87	0.57	3.44
Payout Ratio	+814.7%	+42.1%	+6.3%	+79.8%	+63.8%

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	400.85M	430.76M	409.08M	374.11M	258.21M
Cost of Revenue	369.82M	391.02M	378.85M	347.61M	219.07M
Gross Profit	31.03M	39.74M	30.23M	26.50M	39.14M
SG&A	19.38M	17.03M	13.52M	10.94M	12.67M
Operating Expenses	19.36M	17.01M	13.80M	10.94M	12.68M
Operating Income	11.67M	22.74M	16.42M	15.56M	26.46M
Interest Expense	-10.42M	-10.42M	-10.56M	-7.14M	-3.82M
Other Income/Expense	-13.19K	-36.22K	-4.64K	-33.53K	-16.25K
Pretax Income	1.24M	12.28M	5.86M	8.38M	22.62M
Income Tax	0.63M	1.59M	1.05M	0.68M	1.00M
Net Income	0.61M	10.68M	4.81M	7.70M	21.62M
EBITDA	15.99M	26.47M	20.36M	19.65M	30.88M
EBIT	11.67M	22.74M	16.42M	15.56M	26.46M
EPS (Basic)	0.10	1.78	0.80	1.28	3.60
EPS (Diluted)	0.10	1.78	0.80	1.28	3.60
DPS	—	0.83	0.75	—	—
Margins & Efficiency
Gross Margin %	+7.7%	+9.2%	+7.4%	+7.1%	+15.2%
EBITDA Margin %	+4.0%	+6.1%	+5.0%	+5.3%	+12.0%
Net Margin %	+0.2%	+2.5%	+1.2%	+2.1%	+8.4%
Revenue & Income
Revenue	400.85M	430.76M	409.08M	374.11M	258.21M
Revenue Growth (YoY)	-6.9%	+5.3%	+9.3%	+44.9%	+12.5%
Expenses & Provisions
Cost of Revenue	369.82M	391.02M	378.85M	347.61M	219.07M
Selling, General & Admin	19.38M	17.03M	13.52M	10.94M	12.67M
Operating Expenses	19.36M	17.01M	13.80M	10.94M	12.68M
Other Operating Expenses	-16.81K	-28.13K	-121.16K	—	—
Interest Expense	-10.42M	-10.42M	-10.56M	-7.14M	-3.82M
Other Non Operating Income (Expenses)	-13.19K	-36.22K	-4.64K	-33.53K	-16.25K
D&A For EBITDA	4.32M	3.73M	3.94M	4.09M	4.42M
Profitability & Returns
Gross Profit	31.03M	39.74M	30.23M	26.50M	39.14M
Gross Margin	+7.7%	+9.2%	+7.4%	+7.1%	+15.2%
EBIT	11.67M	22.74M	16.42M	15.56M	26.46M
EBIT Margin	+2.9%	+5.3%	+4.0%	+4.2%	+10.2%
EBITDA	15.99M	26.47M	20.36M	19.65M	30.88M
EBITDA Margin	+4.0%	+6.1%	+5.0%	+5.3%	+12.0%
Pretax Income	1.24M	12.28M	5.86M	8.38M	22.62M
Operating Income	11.67M	22.74M	16.42M	15.56M	26.46M
Operating Margin	+2.9%	+5.3%	+4.0%	+4.2%	+10.2%
Profit Margin	+0.2%	+2.5%	+1.2%	+2.1%	+8.4%
Net Income	0.61M	10.68M	4.81M	7.70M	21.62M
Net Income to Common	0.61M	10.68M	4.81M	7.70M	21.62M
Net Income Growth	-94.3%	+121.9%	-37.5%	-64.4%	+125.0%
Income Tax Expense	0.63M	1.59M	1.05M	0.68M	1.00M
Effective Tax Rate	+50.6%	+13.0%	+17.9%	+8.1%	+4.4%
Per Share & Capital
EPS (Basic)	0.10	1.78	0.80	1.28	3.60
EPS (Diluted)	0.10	1.78	0.80	1.28	3.60
EPS Growth	-94.3%	+121.9%	-37.5%	-64.4%	+125.0%
Dividend Per Share	—	0.83	0.75	—	—
Shares Outstanding (Basic)	6.00M	6.00M	6.00M	6.00M	6.00M
Shares Outstanding (Diluted)	6.00M	6.00M	6.00M	6.00M	6.00M
Dividend Growth	—	+10.7%	—	—	—
Free Cash Flow	-21.33M	-8.98M	-5.20M	3.44M	20.62M
Free Cash Flow Margin	-5.3%	-2.1%	-1.3%	+0.9%	+8.0%
Free Cash Flow Per Share	-3.56	-1.50	-0.87	0.57	3.44
Payout Ratio	+814.7%	+42.1%	+6.3%	+79.8%	+63.8%