Sinad Holding Co. announces its Interim Financial results for the Period Ending on 2026-03-31 (Three Months)

06/05/2026 Tadawul
Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 999.8 1,184.5 -15.593
Profit (Loss) per Share -0.12 -0.02
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 increase in the company's revenue during the current quarter compared to the same quarter of the previous year is primarily due to higher sales from subsidiaries in Saudi Arabia and Egypt, supported by price adjustments for some products and strengthening some sales channels.
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 loss during the current quarter compared to the same quarter of the previous year is due to a gross loss from investments, primarily resulting from unrealized losses on the valuation of financial investments and equity instruments due to a decrease in their fair value, compared to gross income from investments during the same quarter of the previous year. as well as higher general and administrative expenses, selling and distribution expenses, lower other operating income, and higher foreign exchange losses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The increase in the company's sales during the current quarter compared to the same quarter of the previous year is primarily due to higher sales from subsidiaries in Saudi Arabia and Egypt, supported by price adjustments for some products and strengthening some sales channels.
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 loss during the current quarter compared to the previous quarter is due to a higher gross loss from investments, primarily resulting from unrealized losses on the valuation of financial investments and equity instruments due to a decrease in their fair value, as well as higher general and administrative expenses, selling and distribution expenses, and the inclusion of gains from reversing a provision for expected credit losses during the previous quarter and recording foreign exchange losses compared to foreign exchange gains during the previous quarter.
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 During December 2025, the company sold one of its subsidiaries, and accordingly, the subsidiary's financial results were presented under the item "Discontinued Operations".