Obeikan Glass Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 92.66 | 87.8 | 5.535 | 89.14 | 3.948 |
| Gross Profit (Loss) | 32.38 | 30.84 | 4.993 | 31.03 | 4.35 |
| Operational Profit (Loss) | 10.99 | 11.89 | -7.569 | 13.31 | -17.43 |
| Net profit (Loss) | 8.36 | 8.95 | -6.592 | 10.86 | -23.02 |
| Total Comprehensive Income | 8.36 | 8.95 | -6.592 | 10.86 | -23.02 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 266.83 | 254.94 | 4.663 |
| Gross Profit (Loss) | 89.98 | 90.71 | -0.804 |
| Operational Profit (Loss) | 31.22 | 37.72 | -17.232 |
| Net profit (Loss) | 24.01 | 29.89 | -19.672 |
| Total Comprehensive Income | 24.01 | 33.51 | -28.349 |
| Total Shareholders Equity (after Deducting Minority Equity) | 533.5 | 536.54 | -0.566 |
| Profit (Loss) per Share | 0.91 | 1.04 | |
| 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 during the 3rd quarter of 2025 compared to 2024 is due to the increase in the average selling prices of the company's products. |
| 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 decline in net profits in 3rd quarter of 2025 compared to year 2024 is primarily due to increase in the raw materials prices. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the increase in revenues during the 3rd quarter of 2025 compared to the previous quarter is due to the increase in the average selling prices of the company's products. |
| 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 profits in 3rd quarter of 2025 compared to previous quarter is due to the increase in the raw material prices and general & admin expense. |
| 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 increase in revenues during 9 months of 2025 compared to 2024 is due to the increase in the average selling prices of the company's 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 reason for the decline in net profits in the 9 months of 2025 compared to year 2024 is primarily due to increase in the raw material prices and general & admin expense. |
| 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) | The interim condensed consolidated financial statements of the Company for the nine
month period ended 30 September 2024 were reviewed by another auditor who had expressed an unqualified conclusion thereon vide his report dated 25 November 2024 (corresponding to 23 Jumada Al Awwal 1446 H) In addition, the Company s consolidated financial statements for the year ended 31 December 2024 were also audited by another auditor who expressed an unmodified opinion in his report dated 9 April 2025 (corresponding to 11 Shawwal 1446 H) |
| Reclassification of Comparison Items | NA |
| Additional Information | - |
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