1322 · 29/07/2025 09:04:51 · Announcement #89063 · View on Saudi Exchange

Almasane Alkobra Mining Co. (AMAK) announces its Interim Financial Results for the period ending on 30-06-2025 (Six Months)

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	258,563,288	203,312,649	27.175	219,772,398	17.65
Gross Profit (Loss)	110,425,658	87,446,418	26.278	83,954,464	31.53
Operational Profit (Loss)	91,018,151	70,250,932	29.561	68,115,042	33.624
Net profit (Loss)	73,047,621	61,818,761	18.164	55,239,651	32.237
Total Comprehensive Income	73,988,496	61,967,985	19.397	53,742,123	37.673
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	478,335,686	337,812,167	41.598
Gross Profit (Loss)	194,380,121	122,458,404	58.731
Operational Profit (Loss)	159,133,192	88,118,463	80.59
Net profit (Loss)	128,287,270	76,943,638	66.728
Total Comprehensive Income	127,730,617	77,240,989	65.366
Total Shareholders Equity (after Deducting Minority Equity)	1,284,349,414	1,241,058,555	3.488
Profit (Loss) per Share	1.45	0.87
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 quarter compared to the same quarter of the last year is	The reason for the increase in revenues during the current quarter by SAR 55 million (27%) compared to the same quarter of the last year is increase in the quantities sold for gold and increase in prices of copper and gold, despite the decrease in the quantities sold of copper and zinc and decrease in prices for Zinc.
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 reason for the increase in net profit during the current quarter by SAR 11 million compared to the same quarter of the last year is an increase in gross profit by SAR 23 million, despite the increase in general and administrative expenses, income tax, and severance expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason for the increase in revenues during the current quarter by SAR 39 million (18%) compared to the previous quarter is increase in the quantities sold for copper, zinc and gold and increase in prices for gold, despite decrease in prices for zinc.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the increase in net profit during the current quarter by SAR 18 million compared to the previous quarter is increase in gross profit by SAR 26 million as a result of higher revenue, despite the increase in general and administrative expenses, selling and marketing expenses and severance expenses.
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 reason for the increase in revenues during the current period by SAR 141 million (42%) compared to the same period of the last year is increase in the prices of copper, zinc and gold, as well as increase in the quantities sold for zinc and gold, despite decrease in quantity sold for copper.
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 during the current period increased by SAR 51 million (67%) compared to the same period of the last year due to a increase in gross profit by SAR 72 million (59%) and decrease in selling and marketing expenses despite increase in general and administrative expenses, income tax and severance expenses.
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	Earnings per share is calculated by dividing the net profit for the period by the weighted average number of ordinary shares outstanding during the period amounting to 88,544,036 shares (30-Jun-2024: 88,465,328 shares).

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