Element List Current Period Similar period for previous year %Change
Sales/Revenue 499,488 354,236 41.004
Gross Profit (Loss) 145,614 116,457 25.036
Operational Profit (Loss) 118,991 99,654 19.404
Net Profit (Loss) Attributable to Shareholders of the Issuer 109,995 108,593 1.291
Total Comprehensive Income Attributable to Shareholders of the Issuer 100,561 157,028 -35.959
Total Shareholders Equity (after Deducting Minority Equity) 818,377 740,718 10.484
Profit (Loss) per Share 2.2 2.17
All figures are in (Thousands) 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 (Thousands) 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 increase in revenue during the current quarter compared to the same quarter of the previous year is due to growth of 25% in real estate development revenue and 344% in contracting revenue, partially offset by a decrease in land sales and real estate services revenue.‎
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 decrease in net profit during the current quarter compared to the same quarter of the previous year is due to revenue generated from land sales and real estate services during the same quarter of the previous year.‎

 

‎Meanwhile, the Company's revenue during the current quarter was increasingly concentrated on operating revenue from real estate development projects and construction projects.‎
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is ‎The increase in revenue during the current quarter compared to the previous quarter is due to growth of 359% in contracting revenue during 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 increase in net profit is due to an 11% increase in revenue, while gross profit increased by 22.5%, along with a decrease in general and administrative expenses and in selling and marketing expenses compared to the previous quarter.‎
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is ‎The increase is mainly due to growth of 65% in real estate development revenue and 89% in contracting revenue during the current period compared to the same period of the previous year.‎
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 increase is due to growth in total operating revenue during the current period compared to the same period of the previous year.‎
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) ‎The Group's consolidated financial statements for the year ended 31 December 2025 were audited by another independent auditor, who expressed an unmodified opinion on those consolidated financial statements on 20 Ramadan 1447H, corresponding to 9 March 2026.‎

 

‎In addition, the condensed consolidated interim financial information for the three-month and nine-month periods ended 30 September 2025 was reviewed by another independent auditor, who expressed an unmodified conclusion on 6 Jumada al-Awwal 1447H, corresponding to 28 October 2025.‎
Reclassification of Comparison Items ‎During the period, management performed a detailed review of the presentation of certain comparative figures and identified instances where amounts had not been classified under the most appropriate line items.‎

 

‎Management revised the presentation of certain comparative figures and reclassified certain items to achieve a more appropriate and consistent presentation. The reclassifications were applied to the comparative statement of financial position as at 31 December 2025 and to the comparative condensed consolidated interim statement of profit or loss for the three-month and nine-month periods ended 30 September 2025. The presentational reclassifications do not, in themselves, affect net profit or total equity.‎
Additional Information N/A

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request