Alwasail Industrial Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

09 August 2026 04:02 PM

ALWASAIL INDUSTRIAL 4148 -2.96% 2.62 -0.08

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	78,283,205	116,210,566	-32.636	93,317,189	-16.11
Gross Profit (Loss)	23,148,129	24,539,587	-5.67	20,116,042	15.072
Operational Profit (Loss)	10,187,253	4,071,400	150.214	7,798,884	30.624
Net Profit (Loss) Attributable to Shareholders of the Issuer	8,229,406	3,566,456	130.744	4,986,845	65.022
Total Comprehensive Income Attributable to Shareholders of the Issuer	8,229,406	3,566,456	130.744	4,986,845	65.022
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	171,600,393	223,309,751	-23.155
Gross Profit (Loss)	43,211,275	55,438,132	-22.054
Operational Profit (Loss)	17,986,137	19,421,017	-7.388
Net Profit (Loss) Attributable to Shareholders of the Issuer	13,216,251	16,843,451	-21.534
Total Comprehensive Income Attributable to Shareholders of the Issuer	13,216,251	16,843,451	-21.534
Total Shareholders Equity (after Deducting Minority Equity)	377,538,508	365,539,457	3.282
Profit (Loss) per Share	0.05	0.07
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	Due to a 33% decrease in sales, resulting from a slowdown in sales caused by delays in the scheduled timelines of certain projects, fluctuations in raw material prices due to the geopolitical conditions in the region, and the Company’s reliance on cash sales only during the current quarter.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Due to an increase in the gross profit margin to 29.6%, compared to 21.6% in the previous quarter, as a result of lower cost rates, despite the absence of an impact from the previously granted discount rate. In addition, selling and marketing expenses decreased by 51.7% as a result of cost optimization measures.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Due to a 16% decrease in sales, resulting from a slowdown in sales caused by delays in the scheduled timelines of certain projects, fluctuations in raw material prices due to the geopolitical conditions in the region, and the Company’s reliance on cash sales only during the current quarter.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Due to an increase in the gross profit margin to 29.6%, compared to 21.6% in the previous quarter, driven by lower cost rates, despite the previously granted discount having no impact. In addition, selling and marketing expenses decreased by 51.7% as a result of cost optimization measures.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Due to a 23% decrease in sales, resulting from a slowdown in sales caused by delays in the scheduled timelines of certain projects, despite the previously granted discount having no impact, as well as fluctuations in raw material prices due to the geopolitical conditions in the region and the Company’s reliance on cash sales only during the current quarter.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Due to a 23% decrease in sales, primarily attributable to a slowdown in sales resulting from delays in the scheduled timelines of certain projects, despite the previously granted discount having no impact, in addition to fluctuations in raw material prices due to the geopolitical conditions in the region and the Company’s reliance on cash sales only during the current quarter.
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)	None
Reclassification of Comparison Items	None
Additional Information	-

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