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Sinad Holding Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

SINAD HOLDING 4080 -5.60% 10.79 -0.64
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 412.1 445.5 -7.497 463.9 -11.166
Gross Profit (Loss) 122 134.4 -9.226 126.4 -3.481
Operational Profit (Loss) 17.8 20 -10.999 41.8 -57.416
Net profit (Loss) -2.7 -14 -80.714 7.9 -
Total Comprehensive Income 107.9 -38.1 - -18.5 -
All figures are in (Millions) Saudi Arabia, Riyals


Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 1,184.5 1,045.4 13.305
Profit (Loss) per Share -0.02 -0.11
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 decrease in the company's sales during the current quarter compared to the same quarter of the previous year is mainly due to the value of sales of a subsidiary company being affected by the decline in the currency exchange rate in the Arab Republic of Egypt.
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 loss during the current quarter compared to the same quarter of the previous year is due to the increase in total profits from investments, the decrease in general and administrative expenses, and the decrease in the expense of currency differences losses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The company's sales decline during the current quarter compared to the previous quarter was due to seasonality, as well as a decline in export sales due to logistical constraints.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason for recording a net loss during the current quarter compared to achieving a net profit during the previous quarter is due to a decrease in gross profits and a decrease in operating profits, which is mainly due to a decrease in gross profit from sales, an increase in general and administrative expenses, recording profits in the expected credit losses item during the previous quarter, a decrease in other revenues, and an increase in zakat 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) N/A
Reclassification of Comparison Items Certain items of the interim condensed consolidated income statement for the comparative period have been reclassified to conform to the current period's classification. For more details, refer to Note 13 of the interim condensed consolidated financial statements
Additional Information N/A

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