| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 3,195.3 | 2,805.3 | 13.902 | 2,924.6 | 9.255 |
| Gross Profit (Loss) | 402.9 | 352.7 | 14.233 | 436.2 | -7.634 |
| Operational Profit (Loss) | 326.9 | 294.3 | 11.077 | 345.5 | -5.383 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 309.8 | 275.3 | 12.531 | 324.9 | -4.647 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 308.5 | 277.8 | 11.051 | 325.7 | -5.28 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 11,365.2 | 10,619.3 | 7.024 |
| Gross Profit (Loss) | 1,416.2 | 1,324.5 | 6.923 |
| Operational Profit (Loss) | 1,124.9 | 1,052.8 | 6.848 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 1,049.2 | 974 | 7.72 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 1,049.1 | 969.3 | 8.232 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,762 | 1,744.9 | 0.979 |
| Profit (Loss) per Share | 0.9 | 0.8 | |
| 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 increase |
- Total sales increase of 13.9% compared to the same quarter of the previous year is mainly attributed to increased sales in the smartphones section, in addition to the sales increase in computer and tablet, and after-sales services sections.
- Increase in net profit is attributed to the rise in gross profit, which increased by 14.2% as a result of higher sales. Net profit increased by 12.5%, which is lower than the increase in gross profit due to higher selling and marketing expenses, higher general and administrative expenses, and a decrease in other income.
The main reason for the 9.3% increase in total sales compared to the previous quarter of the current year is the increase in sales of the smartphone section, as well as the sales growth in after-sales services section.
-The decrease in net profit is mainly due to a 7.6% decline in gross profit. Although sales increased by 9.3%, gross profit fell as a result of an unfavorable change in the sales mix toward lower margin sections, such as the smartphone section, compared with the school and office supplies sections, which had performed well in the previous quarter due to the back-to-school season.
- Increase in total sales of 7% compared to the same period last year is mainly due to rise in sales of the smartphone section, in addition to sales increase in after-sales services, and computer and tablet sections.
- Increase in net profit is due to the rise in gross profit, which increased by 6.9% as a result of higher sales. Despite the increase in total selling and marketing expenses, general and administrative expenses, and non-operating expenses, net of other income, the percentage increase in these net expenses was less than the increase in gross profit, which led to a greater increase in net profit than the increase in gross profit, as net profit increased by 7.7%.
The company adopts the cost model for measurement of investment properties.
New showrooms were opened on 12/1/2025 inside Red Sea Mall at King Abdul Aziz Road in Jeddah, and on 11/12/2025 inside Clock Towers shopping complex in Makkah. 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.
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