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

31 August 2025 06:49 AM

MEYAR 9565 29.84% 67.45 15.50

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	39,665	17,899	121.604
Net profit (Loss)	-320	-2,516	-87.281
Total Shareholders Equity (after Deducting Minority Equity)	31,609	34,235	-7.67
Profit (Loss) per Share	-0.24	-1.9
All figures are in (Thousands) 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 (Thousands) 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	The reason for the increase in revenue is that Meyar Alasasat Company started production and sales during the period and opened a new sales market.
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 decrease in losses compared to the previous period is due to the commencement of the sales activity of Meyar Alasasat Company, which generated additional revenues for the group.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	Nothing

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