Mohammed Hasan AlNaqool Sons Co. announces its Interim Financial results for the period ending on 2025-06-30 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 36,499 | 29,233 | 24.855 | ||
| Net profit (Loss) | 2,079 | 1,201 | 73.105 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 55,182 | 52,722 | 4.665 | ||
| Profit (Loss) per Share | 0.72 | 0.41 | |||
| 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 period compared to the same period of the last year is | The reason for the 25% increase in revenues during the current period compared to the same period last year is due to the company's capital expansions, as revenues from the main ready-mix concrete activity increased by 45% compared to the same period last 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 73% increase in net profit during the current period compared to the same period last year is due to:
1. Increased revenues due to capital expansions. 2. Improved operational efficiency thanks to enhanced integration between Sadan and Al-Naqoul. Sadan covered Al-Naqoul's logistical needs, which positively impacted profit margins and reduced direct costs. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Some comparative figures have been reclassified and reclassified to conform to the presentation of the statements. |
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