Correction announcement from Saudi Pharmaceutical Industries and Medical Appliances Corp. in regards to Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2025-11-02 Corresponding to 1447-05-11 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | "The net profit amounted to SAR 43.6 million in the current quarter compared to a net profit SAR 36 million in the previous quarter is mainly due to:
- The increase in gross profit by 4.6% and the amount of SAR 8.8 million due to the increase in revenues. - The increase in other income by 254.5% and the amount of SAR 9.4 million due to the gain on disposal of fixed assets - The reduction in general and administrative expenses and selling and distribution expenses by 4.7% and the amount of SAR 5.9 million due to cost optimization. |
| Correct Statement | "Correct is :
The net profit amounted to SAR 43.6 million in the current quarter compared to a net profit SAR 36 million in the previous quarter is mainly due to: - The increase in gross profit by 4.6% and the amount of SAR 8.8 million due to the increase in revenues. - The increase in other income by 254.5% and the amount of SAR 9.4 million due to the gain on disposal of fixed assets, despite the increase in general and administrative expenses and selling and distribution expenses by 4.7% and the amount of SAR 5.9 million compared to the previous quarter. |
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