| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,648.3 | 2,650 | -0.064 | 2,720.2 | -2.643 |
| Gross Profit (Loss) | 274.4 | 262.5 | 4.533 | 302.7 | -9.349 |
| Operational Profit (Loss) | 216.9 | 189 | 14.761 | 235.7 | -7.976 |
| Net profit (Loss) | 197.2 | 171.1 | 15.254 | 217.3 | -9.249 |
| Total Comprehensive Income | 197.6 | 169.2 | 16.784 | 217.3 | -9.065 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 5,368.5 | 5,299.8 | 1.296 |
| Gross Profit (Loss) | 577.1 | 557.1 | 3.59 |
| Operational Profit (Loss) | 452.6 | 426.5 | 6.119 |
| Net profit (Loss) | 414.5 | 390.4 | 6.173 |
| Total Comprehensive Income | 414.9 | 383.4 | 8.215 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,655.8 | 1,651 | 0.29 |
| Profit (Loss) per Share | 0.35 | 0.33 | |
| 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 | Reasons for decrease |
- Despite increased sales of several sections, total sales during the current quarter witnessed a marginal decrease compared to the same quarter of the previous year, impacted by a decline in sales of the video games section.
- Despite the marginal decrease in sales, net profit grew by 15.3%, due to:
-Increase in gross profit of 4.5%, driven by increased sales of after-sales service being relatively highly profitable, and driven also by a relative improvement in profit margins.
- Increase of other income.
Decrease in total sales of 2.6% compared to the previous quarter of this year is mainly due to a decline in sales of the smartphone section.
Net profit decreased by 9.2% during the current quarter compared to the previous quarter of the current year due to:
- Decrease in sales of 2.6%.
- Greater decrease in gross profit than sales, as gross profit decreased by 9.3% due to a relative decrease in profit margin compared to the previous quarter of the current year.
-Increase in total sales of 1.3% is mainly due to increased sales in the smartphone, after-sales service, computers, and tablets sections.
- Sales increase by 1.3%.
- Gross profit increase by 3.6%, which is higher than the increase in sales due to a relative improvement in profit margins in certain sections and due to the increase in sales of after-sales service being relatively highly profitable.
- Increase in other income.
The company adopts the cost model for measurement of investment properties.
A new showroom was opened on 12/1/2025 inside Red Sea Mall at King Abdul Aziz Road in Jeddah. Moreover, a showroom was opened on 24/2/2025 in Al-Fanateer district in Jubail Industrial City, as a replacement for the showroom in Al-Huwailat district in Jubail, and a showroom on 4/6/2025 in Onaizah city as a replacement for the showroom in the same city.
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.