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Thob Al-Aseel Company Announces Its Condensed Consolidated Interim Financial Results for The Period Ended 31st March 2026 (Three Months)

ALASEEL 4012 -3.47% 3.62 -0.13

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 252.84 225.48 12.134 134 88.686
Gross Profit (Loss) 112.25 98.97 13.418 54.34 106.569
Operational Profit (Loss) 75.15 72.52 3.626 25.43 195.517
Net Profit (Loss) Attributable to Shareholders of the Issuer 66.44 63.03 5.41 21.87 203.795
Total Comprehensive Income Attributable to Shareholders of the Issuer 68.63 61.87 10.926 21.25 222.964
All figures are in (Millions) Saudi Arabia, Riyals


Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 639.21 614.85 3.961
Profit (Loss) per Share 0.17 0.16
All figures are in (Millions) 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 (Millions) 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 company’s sales recorded a growth by 12.13% during the first quarter of 2026, reaching 252.84 million riyals compared to 225.48 million riyals during the same quarter of the previous year. This is due to the increased demand for the company’s products during the holy month of Ramadan as a result of the continuous development and diversification of the company’s products.
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 during the current quarter compared to the same quarter of the previous year by 5.41% is due to sales increase by 12.13 % in addition to a relative improvement in the profit margin.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Sales increased during the first quarter of 2026 compared to the fourth quarter of 2025, due to the seasonal nature of the company’s activity, as this quarter coincided with the holy month of Ramadan, which witnesses an increase in demand for the company’s products.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Net profit increased during the current quarter to reach 66.44 million riyals, compared to 21.87 million riyals in the previous quarter. This is due to the increase in sales resulting from the seasonality of activity during the holy month of Ramadan.
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) None
Reclassification of Comparison Items None
Additional Information We would like to draw the attention of our valued shareholders, The Consolidated Financial statements for the Three Months ended 31st March 2026 will be available on the investor relations app for Al-Aseel Smart Phones and Tablets, and through the company's website at the following link http://www.alaseel.com.sa/investor, after sending it to the competent authorities.

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