1304 · 07/08/2025 15:51:33 · Announcement #89381 · View on Saudi Exchange

Al Yamamah Steel Industries Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Nine Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 477.453425.68112.162512.723-6.878
Gross Profit (Loss) 57.1947.56120.24552.5798.769
Operational Profit (Loss) 32.06625.82724.15630.1186.467
Net profit (Loss) 15.3736.447138.45121.948-29.957
Total Comprehensive Income 15.3736.447138.45121.948-29.957
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 1,474.621,553.34-5.067
Gross Profit (Loss) 148.922188.877-21.153
Operational Profit (Loss) 80.876122.715-34.094
Net profit (Loss) 41.91366.538-37.008
Total Comprehensive Income 41.91366.538-37.008
Total Shareholders Equity (after Deducting Minority Equity) 605.594584.6853.576
Profit (Loss) per Share 0.831.31
All figures are in (Millions) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
Accumulated Losses --
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
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 main reason for the 12.16% increase in sales is due to the increase in the quantity and value of sales in the electricity sector by 47.67% and 55.03%, respectively.
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 main reason for the 138.45% increase in net profit is due to a decrease in the cost of sales in the electricity and renewable energy sectors by 7.99% and 4.63%, respectively, and a decrease in financing expenses by 10.63%.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The main reason for the 6.88% decline in sales is due to a decrease in the quantity and value of sales in the construction sector by 17.71% and 15.79% respectively, and in the renewable energy sector by 13.38% and 8.63% respectively.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The main reason for the decrease in net profit by 29.96%, is due to the reverse of Zakat provision for the years ended September 30, 2008, 2009 and 2010 which no longer served its purpose in the amount of SAR 7.27 million.
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 main reason for the 5.07% decrease in sales is due to the decrease in the quantity and value of sales in the renewable energy sector by 18.56% and 43.71%, respectively, and a decrease in the selling price of products by 7.6% in the construction sector.
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 main reason for the 37.01% decrease in net profit is due to a 7.36% decrease in the selling price of products in the construction sector due to intense competition and a decrease in demand for products, in addition to a 2.81% increase in the cost of sales in this sector.
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) No.
Reclassification of Comparison Items Certain comparative figures have been reclassified to conform to the presentation for the current period.
Additional Information No.

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