Umm Al Qura for Development and Construction Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

11 May 2025 09:06 AM

MASAR 4325 -0.84% 24.85 -0.21

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	501.98	184.43	172.179	796.46	-36.973
Gross Profit (Loss)	231.42	72.48	219.288	358.24	-35.4
Operational Profit (Loss)	175.77	21.39	721.739	194.72	-9.731
Net profit (Loss)	159.66	4.81	3,219.334	189.55	-15.768
Total Comprehensive Income	159.66	4.81	3,219.334	188.02	-15.083
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)	15,037.78	12,477.65	20.517
Profit (Loss) per Share	0.12	0.004
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	-	-
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 reason for the increase in revenues by 172% during the current quarter compared to the corresponding quarter of last year is mainly the increase in revenues from sale of lands
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 reason for the increase in net profit by 3219% during the current quarter compared to the corresponding quarter of last year is mainly the increase in revenues
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason for the decrease in revenues by 37% during the current quarter compared to the previous quarter is the decrease in revenues from sale of lands
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the decrease in net profit by 15.8% during the current quarter compared to the previous quarter is mainly the decrease in revenues from sale of lands
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	As a result of sustained periodic profitability achieved by the Company which continued in Q1 2025 financial results, all accumulated losses were cleared and SAR 51 million of retained earnings were recorded. The weighted average number of ordinary shares was calculated after the capital increase from the date of listing on the Saudi Stock Exchange ("Tadawul"), hence the weighted average number of ordinary shares as of March 31, 2025 was 1,319,486,854 shares
Attached Documents