Balady Poultry Co. announces its Interim Financial results for the Period Ending on 2025-03-31( Three months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 204,134,036 | 233,549,284 | -12.594 | 218,158,720 | -6.428 |
| Gross Profit (Loss) | 14,425,768 | 46,616,543 | -69.054 | 25,807,891 | -44.103 |
| Operational Profit (Loss) | 7,890,270 | 41,529,171 | -81 | 18,669,099 | -57.736 |
| Net profit (Loss) | 6,657,796 | 40,604,998 | -83.603 | 18,132,717 | -63.282 |
| Total Comprehensive Income | 6,657,796 | 40,604,998 | -83.603 | 18,449,229 | -63.912 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 315,598,557 | 244,255,695 | 29.208 |
| Profit (Loss) per Share | 1.01 | 6.18 | |
| 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 quarter compared to the same quarter of the last year is | The reason for the decrease in sales/ revenues, where revenues amounted to SR 204.13 million, a decrease from the same quarter of the previous year by 12.59%, is due to a decrease in the selling price and a decrease in the amount of production to approximately 14.65 million birds during the current quarter compared to the same quarter of the previous year, where it amounted to 15.21 million birds |
| 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 decrease in net profit during the current quarter is 6.65 million riyals, down from the same quarter of the previous year by 83.6 %
Due to the decrease in production, the selling price and the rise in production and raw material costs The increase in general, administrative, sales and marketing expenses |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the decrease in sales/ revenues, where revenues amounted to SR 204.13 million, a decrease from the previous quarter by 6.43%, is due to a decrease in the selling price and a decrease in the amount of production to approximately 14.65 million birds during the current quarter compared to the previous quarter, where it amounted to 15.24 million birds |
| 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 profit during the current quarter is 6.65 million riyals, down from the previous quarter by 63.2 %
Due to the decrease in production, the selling price and the rise in production and raw material costs High sales and marketing expenses |
| 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) | There is no |
| Reclassification of Comparison Items | Some items of the preliminary summary profit or loss and other comprehensive income list for the period ended March 31, 2024 have been re-presented and tabulated to comply with the presentation and tabulation of the current period
Note No. 20 can be found in the notes attached to the preliminary summary financial statements as of March 31, 2025. |
| Additional Information | The profit per share is calculated by dividing the profit after zakat and taxes by the number of ordinary shares outstanding during the period amounting to 6,570,000 shares |
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