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

15 May 2025 03:50 PM

WAJA 9560 0.14% 7.37 0.01

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	25,202,190	34,687,592	-27.345	34,687,592	-27.345
Gross Profit (Loss)	4,590,920	6,376,909	-28.007	6,376,909	-28.007
Operational Profit (Loss)	2,137,866	4,951,824	-56.826	4,951,824	-56.826
Net profit (Loss)	1,132,375	4,744,324	-76.132	4,744,324	-76.132
Total Comprehensive Income	1,132,375	4,744,324	-76.132	4,744,324	-76.132
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)	102,291,043	101,158,668	1.119
Profit (Loss) per Share	0.02	0.07
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 company's revenues decreased by SAR 9,485,402, representing a 27.35% decline compared to the corresponding period of 2024. This decrease is primarily attributed to a reduction in awarded contracts and a decline in the volume of ongoing projects during this period.
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 decline in net profit, compared to the corresponding period of 2024, is mainly attributed to a decrease in revenues and lower profit margins
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The company's revenues decreased by SAR 9,485,402, representing a 27.35% decline compared to the corresponding period of 2024. This decrease is primarily attributed to a reduction in awarded contracts and a decline in the volume of ongoing projects during this period.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The decline in net profit, compared to the corresponding period of 2024, is mainly attributed to a decrease in revenues and lower profit margins
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)	None
Reclassification of Comparison Items	None
Additional Information	-

Comments