Batic Investments and Logistics Co. announces the interim consolidated financial results for the period ending on 30-06-2025 (Six Months)
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 147,495,036 | 123,202,027 | 19.718 | 113,703,895 | 29.718 |
| Gross Profit (Loss) | 17,390,364 | 17,033,311 | 2.096 | 8,566,313 | 103.008 |
| Operational Profit (Loss) | 8,788,852 | 5,818,539 | 51.049 | 18,431,669 | -52.316 |
| Net profit (Loss) | 1,603,339 | -745,961 | - | 12,417,372 | -87.087 |
| Total Comprehensive Income | 1,603,339 | -745,961 | - | 12,417,372 | -87.087 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 261,198,931 | 247,502,923 | 5.533 |
| Gross Profit (Loss) | 25,956,677 | 32,046,242 | -19.002 |
| Operational Profit (Loss) | 27,220,521 | 9,980,865 | 172.727 |
| Net profit (Loss) | 14,020,712 | 849,732 | 1,550.015 |
| Total Comprehensive Income | 14,020,712 | 849,732 | 1,550.015 |
| Total Shareholders Equity (after Deducting Minority Equity) | 411,179,029 | 456,980,377 | -10.022 |
| Profit (Loss) per Share | 0.023 | 0.001 | |
| 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 | 44,133,503 | 7.4 | |
| 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 increase in revenues during the current quarter of 2025 by 20% compared to the same quarter of the previous year is mainly due to an increase in security guards sector revenues by 31%, an increase in facilities management revenues by 25%, and an increase in real estate investment revenues by 2531%.
This was offset by a decrease in smart parking sector revenues by 88%, a decrease in ATM feeder revenues by 10%, a decrease in CIT revenues by 6%, and a decrease in land transportation sector revenues by 3% |
| 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 achieving a net profit during the current quarter compared to a net loss in the same quarter of the previous year is mainly due to:
1- The increase in operating profit by 51%, reaching SAR 8.8 million during the current quarter compared to SAR 5.8 million in the same quarter of the previous year. This is primarily attributed to a 2% increase in gross profit, in addition to the same quarter of the previous year including a provision for impairment of financial assets amounting to SAR 1.5 million. 2- The decrease in financing costs by 44%, which amounted to SAR 3.4 million during the current quarter compared to SAR 6 million in the same quarter of the previous year. This improvement comes despite recording unrealized losses from investments at fair value through profit or loss amounting to SAR 3.3 million during the current quarter, compared to unrealized gains of SAR 986 thousand in the same quarter of the previous year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the increase in revenues during the current quarter by 30 % compared to the previous quarter is mainly due to an increase in security guards sector revenues by 33 %, an increase in facilities management revenues by 4 %, an increase in ATM feeder revenues by 4 % and an increase in real estate investment revenues by 1768 %.
This was offset by a decrease in smart parking sector revenues by 80%, a decrease in CIT revenues by 8%, and a decrease in land transportation sector revenues by 10% |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The decrease in net profit during the current quarter compared to the previous quarter is primarily due to:
1- The previous quarter included net gains from contract cancellations amounting to SAR 19.6 million, compared to gains during the current quarter amounting to 389,000 SAR. 2- The recording of unrealized losses from investments at fair value through profit or loss amounting to SAR 3.3 million in the current quarter, compared to unrealized gains of SAR 1.9 million during the previous quarter.
This was offset by an improvement in gross profit during the current quarter by 103% compared to the previous quarter, as gross profit during the current quarter amounted to 17.4 million riyals compared to 8.6 million riyals during the previous quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The reason for the increase in revenues during the current period 2025 by 6 % compared to the same period of the previous year is mainly due to an increase in security guards sector revenues by 11 %, an increase in facilities management revenues by 25%, an increase in land transportation sector revenues by 2% and an increase in real estate investment revenues by 1286%.
This was offset by a decrease in smart parking sector revenues by 64%, a decrease in ATM feeder revenues by 12% and a decrease in CIT revenues by 1%. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The reason for the increase in net profit during the current period compared to the same period of the previous year is mainly due to:
1- The increase in operating profit by 173%, as operating profit amounted to 27.2 million riyals during the current period compared to an operating profit of 9.9 million riyals during the same period of the previous year, mainly due to the current period including net gains from contract cancellations amounting to SAR 20 million, in addition to the same period including a provision for impairment of financial assets amounting to SAR 3 million 2- The decrease in financing costs by 9 %, which amounted to SAR 10.5 million during the current period compared to SAR 11.5 million in the same period of the previous year. Despite recording unrealized losses on investments at fair value through profit or loss amounting to SAR 1.3 million during the current period, compared to recording unrealized gains amounting to SAR 5.2 million during the same period of the previous year. |
| 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) | NON |
| Reclassification of Comparison Items | Certain prior period figures have been re-classified to confirm with the presentation in the current period. None of the re-classifications impacted company's results or Shareholders’ Equity. |
| Additional Information | The basic and diluted share of profit and loss For the current period and the similar period of the previous year was calculated by dividing the net profit or loss for each period after zakat attributable to the company’s shareholders by the weighted average number of ordinary shares outstanding at the end of each period, where the weighted average shares for the current period 600,000,000 shares compared to 600,000,000 shares for the similar period of the previous year.
- We would like to draw the shareholders' attention; a financial performance report has been attached about the company performance for the second quarter and the first half of the year 2025 |
| Attached Documents |  |
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