Baazeem Trading Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 67,428,394 | 64,792,529 | 4.068 | 62,179,232 | 8.441 |
| Gross Profit (Loss) | 21,988,101 | 23,168,622 | -5.095 | 27,321,049 | -19.519 |
| Operational Profit (Loss) | 6,391,301 | 5,897,011 | 8.382 | 6,526,635 | -2.073 |
| Net profit (Loss) | 5,533,434 | 5,032,057 | 9.963 | 5,669,809 | -2.405 |
| Total Comprehensive Income | 5,533,434 | 5,032,057 | 9.963 | 5,669,809 | -2.405 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 200,278,789 | 192,776,006 | 3.891 |
| Gross Profit (Loss) | 77,597,861 | 74,567,499 | 4.063 |
| Operational Profit (Loss) | 22,397,979 | 20,455,811 | 9.494 |
| Net profit (Loss) | 19,838,053 | 18,128,306 | 9.431 |
| Total Comprehensive Income | 19,838,053 | 18,128,306 | 9.431 |
| Total Shareholders Equity (after Deducting Minority Equity) | 200,770,291 | 193,958,080 | 3.512 |
| Profit (Loss) per Share | 0.2 | 0.18 | |
| 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 quarter compared to the same quarter of the last year is | Baazeem trading Net sales in the third quarter ended September 30, 2025 increased by 4.07% reaching 67,428,394 Riyals compared to 64,792,529 Riyals in the same quarter of the previous year.
The increase in net sales is due to demand increase in some of the company categories. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Baazeem trading Net profit for the third quarter of 2025 increased by 9.96% reaching 5,533,434 Riyals compared to 5,032,057 Riyals in the same quarter of the previous year. The reason for the increase in net profit is driven by the increase in sales by 4.07% and company efforts to reduce the sales and marketing expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Baazeem trading net revenues for the third quarter of 2025 ending on 30 September reached 67,428,394 Riyals compared to 62,179,232 Riyals in the second quarter of 2025.
The increase in net sales is due to demand increase in some of the company categories. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Baazeem trading net profit for the third quarter of 2025 ending on 30 September reached 5,533,434 Riyals compared to 5,669,809 Riyals in second quarter of 2025. The decrease in net profit is driven by the increase of the cost of good soled in the third 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 | Baazeem trading Net revenues in the current period ended September 30, 2025 increased by 3.9%, reaching 200,278,789 Riyals compared to 192,776,006 Riyals in same period last year 2024. The increase in net sales is due to demand increase in some of the company categories. |
| 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 net profit in the current period of 2025 increased by 9.43%, reaching 19,838,053 Riyals compared to 18,128,306 Riyals in same period last year 2024. The increase was driven by the increase in the company sales by 3.9%, the company efforts to reduce the cost of good sold and reduce the sales and marketing expenses. |
| 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) | Emphasis of matter:
Refer to note no. (2) group information regarding the Group investment in Baazeem Trading Establishment - Qatar (a subsidiary). It shown that the investment is registered under the name of one of the main shareholders (Chairman of the Board of Directors) since the beginning of 2008. This investment was approved in the minutes of the meeting of the Board of Directors and the minutes of the Ordinary General Assembly of the company, There is a valid ownership transfer acknowledgment signed by the Chairman of the Board in favor of Baazeem Trading Company. |
| Reclassification of Comparison Items | Items, elements and notes of the comparatives Consolidated Financial Statements have been re-displayed, regrouped and reclassified to meet with the applied accounting policies for the current period, which have been prepared according to the International Financial Reporting Standards (IFRS) that were endorsed in the Kingdom of Saudi Arabia. Certain comparative amounts have been reclassified to conform to the current year’s presentation. |
| Additional Information | 1- The total shareholder's equity increased by 3.51%, reaching 200,770,291 Riyals on 30-09-2025 compared to 193,958,080 Riyals on 30-09-2024, with no minority rights.
2- The earning by share on the period ending 30-09-2025 increased by 11.11% reaching 0.20 compared to 0.18 on the same period last year ending 30-09-2024. Worth mentioning that the total number of company shares is 101,250,000 shares. |
Comments