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Keir International Company announces its Interim Financial results for the period ending on 2025-06-30 ( Six Months )

KEIR 9542 4.55% 1.15 0.05

Element List Current Period Similar period for previous year %Change
Sales/Revenue 71,180,429 58,272,834 22.15
Net Profit (Loss) Attributable to Shareholders of the Issuer -6,786,505 -8,019,626 -15.376
Total Shareholders Equity (after Deducting Minority Equity) 27,344,878 60,902,021 -55.1
Profit (Loss) per Share -0.28 -0.23
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 -147,998,719 -123
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 The increase in revenue was mainly driven by the growth in business activities, with revenue reaching SAR 71 million compared to SAR 58 million for the same period last year, representing an increase of SAR 12 million, or 22%. This growth was primarily attributable to the expansion of business activities and increased transactions with the Company's customers.
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 Company reported a net loss of SAR 33.5 million compared to a net loss of SAR 27.0 million for the same period of the previous year. The increase in net loss was primarily attributable to higher provisions recognized during the period, including an impairment provision on trade receivables and contract assets amounting to SAR 3.8 million, in addition to an increase in administrative expenses.
Statement of the type of external auditor's report Conservation
Reclassification of Comparison Items Not Applicable
Additional Information It should be noted that the Company has previously disclosed its annual financial results for the year ended December 31, 2025. This announcement is being made to subsequently publish the preliminary financial results for the period ended June 30, 2025.

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