Anmat Technology for Trading Co. announces its Interim Financial results for the period ending on 2025-06-30 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 95,191,603 | 83,214,646 | 14.392 | ||
| Net profit (Loss) | 3,946,451 | 3,923,417 | 0.587 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 140,982,046 | 92,960,269 | 51.658 | ||
| Profit (Loss) per Share | 0.1 | 0.1 | |||
| All figures are in (Actual) 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 (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenues increased by 14.4% to SAR 95,191,603 in the first half of 2025, compared to SAR 83,214,646 in the first half of 2024. This increase is mainly due to the following:
The Information Technology sector's revenues rose by 13.8%, reaching SAR 85,748,470 in the first half of 2025, compared to SAR 75,329,920 in the same period of the previous year. This growth was driven by an increase in telecommunications project revenues, which grew by 49% compared to the same period last year .
The Construction and Development sector's revenues also increased by 10.6%, reaching SAR 7,147,132 in the first half of 2025, compared to SAR 6,461,673 in the same period of the previous year. This was a result of the initiation of new project phases that were awarded in the first half of 2025. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit reached SAR 3,946,451 in the first half of 2025, compared to SAR 3,923,417 for the same period last year, marking an increase of SAR 23,034 or 0.6%.
This rise is mainly attributed to:
Revenue growth of 14.4% and an increase in the gross profit margin to 13.2%. This occurred despite a 175% increase in financing costs, which reached SAR 1,890,613 in the first half of 2025 compared to SAR 688,069 in the corresponding period of the previous year. This was due to financing working capital for new projects.
The company also recorded unrealized losses of SAR 327,878 from the fair value revaluation of investments in the first half of 2025, compared to a profit of SAR 174,583 in the same period last year. However, the positive impact of the growth in profit from core operations outweighed these expenses, contributing to the increase in net profit. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | None |
| Additional Information | Earnings per share for the first half of the current year were calculated based on the weighted average number of common shares during the current period, amounting to 38,552,486 shares, compared to 38,000,000 shares in the comparative period.
This is because the capital was increased by 5 million shares upon listing and commencement of trading on June 11, 2025. |
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