AlSaif Stores for Development and Investment Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 207,852,759 | 191,085,994 | 8.774 | 133,506,065 | 55.687 |
| Gross Profit (Loss) | 43,806,563 | 32,620,102 | 34.293 | 25,968,034 | 68.694 |
| Operational Profit (Loss) | 16,420,229 | 10,827,327 | 51.655 | 4,121,780 | 298.377 |
| Net profit (Loss) | 12,936,833 | 8,619,425 | 50.089 | 1,453,776 | 789.878 |
| Total Comprehensive Income | 12,936,833 | 8,619,425 | 50.089 | 1,453,776 | 789.878 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 570,614,185 | 584,275,648 | -2.338 |
| Gross Profit (Loss) | 137,594,866 | 118,629,505 | 15.987 |
| Operational Profit (Loss) | 58,483,340 | 47,841,234 | 22.244 |
| Net profit (Loss) | 49,552,070 | 34,992,872 | 41.606 |
| Total Comprehensive Income | 49,552,070 | 34,992,872 | 41.606 |
| Total Shareholders Equity (after Deducting Minority Equity) | 488,763,200 | 437,545,574 | 11.705 |
| Profit (Loss) per Share | 0.14 | 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 | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Actual) 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 | The increase in sales is attributed to the following:
The company recorded a growth in demand for its products during the current quarter, resulting in an 8.8% increase in revenue compared to the same quarter of the previous year. This performance was further supported by a 43.7% rise in E commerce 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 increase in net profit is attributed to the following key factors:
The company recorded a 50% increase in net profit compared to the same quarter of the previous year. This growth was primarily driven by an 8.8% increase in revenue, which positively impacted on the company’s gross profit, resulting in a 34% increase in gross profit year-over-year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase in sales is attributed to the following:
1. Enhanced operational efficiency. 2. Improved customer shopping experience in branches and E-commerce |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase in net profit is attributed to the following key factors:
The 56% increase in revenue and the 69% improvement in profit margins contributed to an 805% growth in net profit, despite the rise in selling, general, and administrative expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The decline in sales is mainly attributed to:
(1 A decline in sales in the first quarter. |
| 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 increase in net profit is attributed to the following key factors:
Despite a 2.3% decline in sales, net profit increased by 42%, attributable to several key factors, most notably: 1. A 16% rise in gross profit, driven by an enhanced margin strategy and tighter management of direct costs. 2. Improved operational efficiency. |
| 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | 1. Depreciation of right-of-use assets related to branches was reclassified under cost of sales in Q3 2025. The same reclassification was applied to the corresponding period of the previous year to ensure consistency in comparison with the financial period ending on 30/09/2025.
2. Finance costs were reclassified to appear after operating profit in Q3 2025. The same adjustment was made to the corresponding period of the previous year to align the presentation with the financial period ending on 30/09/2025. |
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