Al Majed Oud Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	438.3	410.1	6.876	252.2	73.79
Gross Profit (Loss)	280.1	271	3.357	162.2	72.688
Operational Profit (Loss)	114.4	128.4	-10.903	45.4	151.982
Net Profit (Loss) Attributable to Shareholders of the Issuer	110.1	121	-9.008	42.3	160.283
Total Comprehensive Income Attributable to Shareholders of the Issuer	105.7	120.8	-12.499	42.3	149.881
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)	690	589	17.147
Profit (Loss) per Share	4.4	4.84
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	-	-
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 achieved revenue growth of 6.9% during the current quarter, reaching SAR 438 million, compared to SAR 410 million in the same quarter of the previous year. This increase is primarily attributed to expansion into new markets, an increase in the number of branches, improved efficiency of the e-commerce platform, as well as the positive impact of launching new products that contributed to supporting revenue growth
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 Company recorded a 9% decrease in net profit during the current quarter, amounting to SAR 110 million, compared to SAR 121 million in the same quarter of the previous year. This decline is attributed to higher operating costs resulting from expansions and new openings relative to their associated revenues, with their positive impact expected to be reflected in performance in upcoming periods
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The company achieved Significant revenue growth of 74%, reaching SAR 438 million, compared to SAR 252 million in the previous quarter (Q4 of last year). This increase is primarily attributed to seasonal sales patterns during the Holy Month of Ramadan in the current quarter compared to the previous quarter
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The company achieved a 160% increase in net profit, reaching SAR 110 million, compared to SAR 42 million in the previous quarter (Q4 of last year). This increase is attributed to higher revenues due to seasonal sales patterns during the Holy Month of Ramadan in the current quarter compared to the previous quarter
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	-

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