Saudi Company for Hardware announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	261.32	232.59	12.352	279.08	-6.363
Gross Profit (Loss)	38.25	33.87	12.931	43.7	-12.471
Operational Profit (Loss)	13.27	4.33	206.466	12.41	6.929
Net profit (Loss)	5.07	-4.55	-	3.43	47.813
Total Comprehensive Income	4.86	-4.55	-	3.43	41.69
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	331.15	335.06	-1.166
Profit (Loss) per Share	0.14	-0.13
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	-	-
Accumulated Losses	-24.61	-6.84
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 sales during the current quarter compared to the same quarter last year is due to the introduction of new, high-quality, and competitive categories, products, and new services that address customer needs, as well as the continued improvement in the logistics performance of the subsidiary “Medscan”.
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 achieving profits during the current quarter, compared to the losses during the same quarter of the previous year, is due to the increase in sales and gross profit, in addition to the decrease in administrative and general expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The decrease in sales during the current quarter compared to the previous quarter is due to the decrease in sales of some seasonal departments.
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 profit during the current quarter compared to the previous quarter is due to the decrease in administrative and general expenses and expected credit losses.
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)	None
Reclassification of Comparison Items	Comparative period figures have been reclassified to conform with current period classification numbers
Additional Information	-

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