Thob Al-Aseel Company Announces Its Condensed Consolidated Interim Financial Results for The Period Ended 31st March 2026 (Three Months)

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	252.84	225.48	12.134	134	88.686
Gross Profit (Loss)	112.25	98.97	13.418	54.34	106.569
Operational Profit (Loss)	75.15	72.52	3.626	25.43	195.517
Net Profit (Loss) Attributable to Shareholders of the Issuer	66.44	63.03	5.41	21.87	203.795
Total Comprehensive Income Attributable to Shareholders of the Issuer	68.63	61.87	10.926	21.25	222.964
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)	639.21	614.85	3.961
Profit (Loss) per Share	0.17	0.16
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 company’s sales recorded a growth by 12.13% during the first quarter of 2026, reaching 252.84 million riyals compared to 225.48 million riyals during the same quarter of the previous year. This is due to the increased demand for the company’s products during the holy month of Ramadan as a result of the continuous development and diversification of the company’s products.
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 profit during the current quarter compared to the same quarter of the previous year by 5.41% is due to sales increase by 12.13 % in addition to a relative improvement in the profit margin.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Sales increased during the first quarter of 2026 compared to the fourth quarter of 2025, due to the seasonal nature of the company’s activity, as this quarter coincided with the holy month of Ramadan, which witnesses an increase in demand for the company’s products.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit increased during the current quarter to reach 66.44 million riyals, compared to 21.87 million riyals in the previous quarter. This is due to the increase in sales resulting from the seasonality of activity during the holy month of Ramadan.
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	None
Additional Information	We would like to draw the attention of our valued shareholders, The Consolidated Financial statements for the Three Months ended 31st March 2026 will be available on the investor relations app for Al-Aseel Smart Phones and Tablets, and through the company's website at the following link http://www.alaseel.com.sa/investor, after sending it to the competent authorities.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.