4051 · 07/08/2025 15:42:26 · Announcement #89372 · View on Saudi Exchange

Baazeem Trading Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 62,179,23257,551,3478.04170,671,163-12.016
Gross Profit (Loss) 27,321,04924,913,5079.66328,288,711-3.42
Operational Profit (Loss) 6,526,6355,297,26823.2079,480,043-31.153
Net profit (Loss) 5,669,8094,574,78823.9358,634,810-34.337
Total Comprehensive Income 5,669,8094,574,78823.9358,634,810-34.337
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 132,850,395127,983,4773.802
Gross Profit (Loss) 55,609,76051,398,8778.192
Operational Profit (Loss) 16,006,67814,558,8009.945
Net profit (Loss) 14,304,61913,096,2499.226
Total Comprehensive Income 14,304,61913,096,2499.226
Total Shareholders Equity (after Deducting Minority Equity) 202,324,357196,013,5233.219
Profit (Loss) per Share 0.140.13
All figures are in (Actual) 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 (Actual) 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 Baazeem trading Net sales in the second quarter ended June 30, 2025 increased by 8.04 reaching 62,179,232 Riyals compared to 57,551,347 Riyals in the same quarter of the previous year.

The increase in net sales is due to demand increase in some of the company categories.The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Baazeem trading Net profit for the second quarter of 2025 increased by 23.94 reaching 5,669,809 Riyals compared to 4,574,788 Riyals in the same quarter of the previous year. The reason for the increase in net profit is driven by the increase in sales by 8.04% and company efforts to reduce the cost of good sold.The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Baazeem trading net revenues for the second quarter 2025 ending on 30 June reached 62,179,232 Riyals compared to 70,671,163 Riyals in the first quarter of 2025. The decrease in net revenues is driven by growth in the first quarter sales due to Ramadan Season.The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Baazeem trading net profit for the second quarter 2025 ending on 30 June reached 5,669,809 Riyals compared to 8,634,810 Riyals in first quarter of 2025. The decrease in net profit is driven by the revenue growth in the first quarter sales due to Ramadan Season.The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is Baazeem trading Net revenues in the current period ended June 30, 2025 increased by 3.8%, reaching 132,850,395 Riyals compared to 127,983,477 Riyals in same period last year 2024. The increase in net sales is due to demand increase in some of the company categories.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 net profit in the current period of 2025 increased by 9.23%, reaching 14,304,619 Riyals compared to 13,096,249 Riyals in same period last year 2024. The increase was driven by the increase in the company sales by 3.8% and company efforts to reduce the cost of good sold.Statement of the type of external auditor's report Unmodified conclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) Emphasis of matter:

Refer to note no. (2) group information regarding the Group investment in Baazeem trading establishment - Qatar (a subsidiary). It shown that the investment is registered under the name of one of the main shareholders (Chairman of the Board of Directors) since the beginning of 2008. This investment was approved in the minutes of the meeting of the Board of Directors and the minutes of the Ordinary General Assembly of the company.Reclassification of Comparison Items Items, elements and notes of the comparatives Consolidated Financial Statements have been re-displayed, regrouped and reclassified to meet with the applied accounting policies for the current period, which have been prepared according to the International Financial Reporting Standards (IFRS) that were endorsed in the Kingdom of Saudi Arabia. Certain comparative amounts have been reclassified to conform to the current year’s presentation.Additional Information 1- The total shareholder's equity increased by 3.22%, reaching 202,324,357 Riyals on 30-06-2025 compared to 196,013,523 Riyals on 30-06-2024, with no minority rights.

2- The earning by share on the period ending 30-06-2025 increased by 7.69% reaching 0.14 compared to 0.13 on the same period last year ending 30-06-2024. Worth mentioning that the total number of company shares is 101,250,000 shares.

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