Service Equipment Co. announces its interim financial results for the period ending on 30-06-2025 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 26,400,589 | 26,012,876 | 1.49 | ||
| Net profit (Loss) | 4,566,654 | 7,619,143 | -40.063 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 46,454,525 | 41,887,871 | 10.902 | ||
| Profit (Loss) per Share | 1.9 | 3.17 | |||
| All figures are in (Actual) 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 (Actual) 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 company recorded a 1.5% increase in revenue during the first half of the fiscal year 2025 compared to the same period last year mainly due to increased sales in diversity of products. |
| 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 company recorded a 40% decrease in net profit during the first half of the fiscal year 2025 compared to the same period last year. This decline is attributed to the following reasons:
1- An increase in operating, selling, and marketing expenses. 2- Higher shipping and transportation costs. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Not Applicable |
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