Alghaz Waltsnae Company Eligibility Alqabida Announces Its Interim Financial Results For The Period Ending On 2026-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 884.9 | 740.1 | 19.564 | 962.4 | -8.052 |
| Gross Profit (Loss) | 123.1 | 104.4 | 17.911 | 137.6 | -10.537 |
| Operational Profit (Loss) | 53.6 | 38.8 | 38.144 | 70.4 | -23.863 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 59.2 | 53.9 | 9.833 | 82.2 | -27.98 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 55.8 | 71.37 | -21.815 | 240.4 | -76.788 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,847.3 | 1,577.71 | 17.087 |
| Gross Profit (Loss) | 260.6 | 219.74 | 18.594 |
| Operational Profit (Loss) | 124 | 93.49 | 32.634 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 141.4 | 115.86 | 22.043 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 296.2 | 108.18 | 173.802 |
| Total Shareholders Equity (after Deducting Minority Equity) | 2,152 | 1,928.17 | 11.608 |
| Profit (Loss) per Share | 1.88 | 1.54 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is: The increase in revenues by SR 144.8 million is mainly due to the following:
- Increase in gas sales by SR 116.5 million due to the increase in gas prices and volume.
- Increase in revenues from commercial projects by SR 14.5 million.
-Increase in transportation services revenues by SR 14.1 million.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is: The increase in net profit by SR 5.3 million is mainly due to the following:
- Increase in gross profit by SR 18.6 million as a result of increase in revenues.
-Increase in share of results of associates by SR 2.7 million.
Despite the:
- Increase in operating expenses by SR 3.8 million.
-Decrease in investment and finance income by SR 5.0 million.
- Increase in zakat expense by SR 7.2 million.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is: The decrease in revenues by SR 77.5 million is mainly due to the following:
- Decrease in gas sales by SR 70.1 million .
- Decrease in sales of empty cylinders and accessories by SR 23.4 million.
Despite the:
-Increase in transportation services and project revenues by SR 16 million.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is: The decrease in net profit by SR 23.0 million is mainly due to the following:
- Decrease in gross profit by SR 14.5 million as a result of decrease in revenues.
- Increase in operating expenses by SR 2.4 million.
- Increase in zakat expense by SR 4.3 million.
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 increase in revenues by SR 269.6 million is mainly due to the following:
- Increase in gas sales by SR 220 million due to the increase in gas prices and volume.
- Increase in revenues from commercial projects by SR 23 million.
-Increase in transportation services revenues by SR 15 million.
- Increase in sales of empty cylinders by SR 5 million.
- Increase in revenues from other services by SR 6.6 million.
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 increase in net profit by SR 25.5 million is mainly due to the following:
- Increase in gross profit by SR 40.9 million as a result of increase in revenues.
-Increase in share of results of associates by SR 4 million.
Despite the:
-Increase in operating expenses by SR 10.4 million.
-Decrease in investment and finance income by SR 6.9 million.
- Increase in zakat expense by SR 4.7 million.
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: -