Mubasher TV
Contact Us Advertising   العربية

Nayifat Finance Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )

NAYIFAT 4081 -6.06% 13.01 -0.84
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 87,614 92,938 -5.728 82,725 5.909
Gross Profit (Loss) 76,677 80,886 -5.203 72,266 6.103
Operational Profit (Loss) 24,153 44,523 -45.751 20,371 18.565
Net profit (Loss) 20,353 38,923 -47.709 15,571 30.71
Total Comprehensive Income 20,353 38,923 -47.709 15,571 30.71
All figures are in (Thousands) Saudi Arabia, Riyals


Element List Current Period Similar period for previous year %Change
Sales/Revenue 257,517 271,984 -5.319
Gross Profit (Loss) 226,732 235,790 -3.841
Operational Profit (Loss) 73,070 110,266 -33.732
Net profit (Loss) 59,470 94,416 -37.012
Total Comprehensive Income 59,470 94,416 -37.012
Total Shareholders Equity (after Deducting Minority Equity) 1,438,644 1,471,330 -2.221
Profit (Loss) per Share 0.5 0.79
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 change in product mix toward higher credit quality segment in addition to, premature settlements that is no longer contributing to the revenues of consumer financing portfolio.
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 attributable to lower operating revenues and higher credit impairment charges to enhance coverage ratio.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the increase in revenues during the current quarter compared to the previous one is due to increase in sales of consumer financing portfolio and regularization of delinquent customers resulting to reverting in income line.
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 increase in the net profit during the current quarter compared to the previous one is mainly due to increase operating revenues.
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 because of change in product mix toward higher credit quality segment in addition to, premature settlements that is no longer contributing to the revenues of consumer financing portfolio.
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 attributable to lower operating revenues and higher credit impairment charges to enhance coverage ratio.
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

Comments