Riyadh Steel Co. announces its Interim Financial results for the period ending on 2025-06-30 ( Six Months )

24 August 2025 08:01 AM

RIYADH STEEL 9588 1.19% 1.70 0.02

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	82,420,895	70,653,562	16.654
Net profit (Loss)	2,454,112	2,534,236	-3.161
Total Shareholders Equity (after Deducting Minority Equity)	80,310,806	77,856,694	3.152
Profit (Loss) per Share	0.04	0.04
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	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Revenue increased in the current period as compared to the same period of the previous year by 16.65%. The increase is attributable to a rise in the quantity of goods sold.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net profit at SAR 2.45m during the current period was lower than SAR 2.53m in the same period of the previous year. The slight reduction was due to lower gross margin.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	Some figures for the comparative period have been reclassified to be consistent with the current period’s classification. For more information, please refer to note 18 in the interim condensed consolidated financial statements for the six-month period ended 30th June 2025.
Additional Information	N/A

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