Pan Gulf Marketing Co. announces its Annual Financial results for the period ending on 2024-12-31

23 March 2025 04:39 PM

PAN GULF 9593 0.00% 20.20 0.00

Element List	Current Year	Previous Year	%Change
Sales/Revenue	393,373,215	422,347,643	-6.86
Gross Profit (Loss)	110,530,295	120,663,417	-8.4
Operational Profit (Loss)	30,091,927	42,648,055	-29.44
Net profit (Loss)	10,592,671	22,837,565	-53.62
Total Comprehensive Income	10,304,383	22,272,510	-53.73
Total Shareholders Equity (after Deducting Minority Equity)	85,442,085	75,137,702	13.71
Profit (Loss) per Share	1.41	3.05
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	-	-
Accumulated Losses	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year	The decrease in sales during the period compared to the same period last year was due to a decrease in private sector sales and a decrease in government sector orders.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	Net profit decreased during the current period compared to the same period last year as a result of a decrease in sales/revenues due to a decrease in private sector sales and a decrease in government sector orders.
Statement of the type of external auditor's report	Unmodified opinion
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)	None
Reclassification of Comparison Items	Certain comparative figures have been reclassified to conform to the presentation for the current period.
Additional Information	None

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