Element List Current Period Similar period for previous year %Change
Sales/Revenue 161,476,365 133,457,345 20.994
Net profit (Loss) 27,905,240 26,592,923 4.934
Total Shareholders Equity (after Deducting Minority Equity) 171,994,972 139,762,339 23.062
Profit (Loss) per Share 3.99 3.8
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 period compared to the same period of the last year is Sales increased during the current period compared to the corresponding period of the previous year, driven by a SAR 28.02 million rise in sales of medical supplies and equipment. This performance was the result of expanding market share and higher demand, supported by effective sales strategies that focused on attracting new customers and deepening relationships with existing ones through the introduction of additional products. In addition, strengthening sales and marketing teams enhanced coverage and responsiveness, which in turn boosted revenues and delivered strong and sustainable growth.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Net profit increased during the current period compared to the corresponding period of the previous year by SAR 1.4 million, driven by higher sales. Despite the highly competitive market, we maintained gross profit margins and achieved a growth pace above the sector average. However, a decline in net profit margin was observed, which is a natural effect resulting from higher payroll costs and new employee hires to strengthen sales and marketing teams, as well as reinforcing credit risk management by increasing provisions for receivables by SAR 4.8 million. This reflects financial discipline without limiting the positive impact of operating growth, in parallel with improved efficiency in marketing spend.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain comparative figures have been reclassified to conform with the current presentation of the interim condensed financial statements for the six-month period ended 30/06/2025.
Additional Information None
 

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