Announcing the Resolutions of Board Meeting
Title :
Announcing the Resolutions of Board Meeting GULF MUSHROOM PRODUCTS
Content :
The board of directors discussed the topics listed on the agenda in its meeting no. 181 held on 11/02/2026 and passed the following resolutions.
Decisions of Board Meeting held on 11 February 2026
In the Board Meeting held on 11 February 2026 the Board of Directors of Gulf Mushroom Products Company SAOG has approved the audited financial results for the year ended 31 December 2025.
Financial results
| Year |
2025 |
2024 |
Change % |
|
|
رع |
رع |
% |
| Total Revenues |
12008646 |
11345817 |
6% |
| Direct costs, Selling & Admin expenses |
(8397678) |
(8123894) |
3% |
| Profit before Interest, tax & depreciation |
3610968 |
3221923 |
12% |
| Depreciation & amortization |
(638754) |
(677829) |
(6%) |
| Interest |
(217264) |
(253557) |
(14%) |
| Profit before tax |
2754950 |
2290537 |
20% |
| Tax |
(412724) |
(343359) |
20% |
| Profit after tax |
2342226 |
1947178 |
20% |
The audited financial statements are subject to shareholders’ approval in the Annual General Meeting scheduled to be held on 24 March 2026
Abdullah Nasser Al Hadhrami
Chief Executive Officer
*Board meeting resolutions have to be disclosed one hour, at least, before the beginning of the next day trading session.
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