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05 November 06:00 AM

Nayifat Finance Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )

NAYIFAT 4081 -6.06% 13.01 -0.84
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 82,725 93,302 -11.336 87,178 -5.107
Gross Profit (Loss) 72,266 81,358 -11.175 77,789 -7.099
Operational Profit (Loss) 20,371 44,067 -53.772 28,546 -28.637
Net profit (Loss) 15,571 38,317 -59.362 23,546 -33.869
Total Comprehensive Income 15,571 38,317 -59.362 23,546 -33.869
All figures are in (Thousands) Saudi Arabia, Riyals


Element List Current Period Similar period for previous year %Change
Sales/Revenue 169,903 179,046 -5.106
Gross Profit (Loss) 150,055 154,904 -3.13
Operational Profit (Loss) 48,917 65,744 -25.594
Net profit (Loss) 39,117 55,494 -29.511
Total Comprehensive Income 39,117 55,494 -29.511
Total Shareholders Equity (after Deducting Minority Equity) 1,436,212 1,432,408 0.265
Profit (Loss) per Share 0.33 0.46
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 reason of the decrease in the revenues during the current quarter compared to the same quarter of the last year is primarily because of increase in early settlements in 2024 that is not contributing anymore in the revenues of consumer financing portfolio in the current quarter.
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 of the decrease in the net profit during the current quarter compared to the same quarter of the last year is mainly due to decreased operating revenues, in addition to, increased impairment charges and operating expenses that was offset by decrease in the cost of banks' borrowings.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the decrease in revenues during the current quarter compared to the previous one is due to increase early settlement from the portfolio that is not contributing anymore in the revenues.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason of the decrease in the net profit during the current quarter compared to the previous one is mainly due to decreased operating revenues, in addition to, increased operating expenses.
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 reason of the decrease in the revenues during the current period compared to the same period of the last year is primarily early settlements in 2024 that is not contributing anymore in the revenues of consumer financing portfolio during the current period.
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 reason of the decrease in the net profit during the current period compared to the same period of the last year is mainly due to decreased operating revenues and increased credit impairment charge and this was offset by reduced cost of banks' borrowings.
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) NA
Reclassification of Comparison Items NA
Additional Information NA

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