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Intelligent Oud Company for Trading announces its Annual Financial results for the period ending on 2024-12-31

IOUD 9579 16.44% 43.92 6.20
Element List Current Year Previous Year %Change
Sales/Revenue 26,688,170 25,201,438 5.9
Gross Profit (Loss) 20,471,807 17,872,470 14.54
Operational Profit (Loss) 8,026,822 7,822,275 2.61
Net profit (Loss) 4,717,321 5,276,152 -10.59
Total Comprehensive Income 5,305,513 4,830,423 9.84
Total Shareholders Equity (after Deducting Minority Equity) 46,404,767 41,099,254 12.91
Profit (Loss) per Share 2.84 3.09
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 year compared to the last year The reason for the increase in revenues during the year 2024 is attributed to the strategic expansion of the product range, with the launch of new products in the last quarter of 2024. This contributed to enhancing market share and increasing sales compared to the previous year
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The decline in net profit is primarily attributed to the increase in statutory reserve provisions, which were adopted as part of a prudent policy, despite the achievement of an increase in revenues.
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 Some comparative figures have been reclassified where necessary for better presentation.
Additional Information None

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