Alsaif Stores For Development And Investment Co. Announces Its Interim Financial Results For The Period Ending On 2026-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 192,558,162 | 207,852,759 | -7.358 | 138,580,672 | 38.95 |
| Gross Profit (Loss) | 34,855,475 | 43,806,563 | -20.433 | 26,706,913 | 30.511 |
| Operational Profit (Loss) | 3,416,622 | 16,420,229 | -79.192 | 3,034,942 | 12.576 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 2,244,541 | 12,936,833 | -82.649 | 1,619,765 | 38.572 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 2,244,541 | 12,936,833 | -82.649 | 1,619,765 | 38.572 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 604,326,665 | 570,614,185 | 5.908 |
| Gross Profit (Loss) | 133,674,732 | 137,594,866 | -2.849 |
| Operational Profit (Loss) | 46,805,249 | 58,483,340 | -19.968 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 42,191,076 | 49,552,070 | -14.855 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 42,191,076 | 49,552,070 | -14.855 |
| Total Shareholders Equity (after Deducting Minority Equity) | 517,635,852 | 488,763,200 | 5.907 |
| Profit (Loss) per Share | 0.12 | 0.14 | |
| 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 | |||
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 reason for the decline in sales is due to:
The availability of certain products, particularly fast-moving items, was affected by shipment delays and geopolitical developments disrupting supply chains, alongside a slowdown in consumer spending.
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 reason for the decrease in net profit is due to:
1. Sales decreased by 7.4%.
2. Lower profit margin as a result of inflated shipping costs.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is: The reason for the increase in sales is due to:
Sales grew due to increased demand as a result of promotions during the quarter.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is: The reason for the increase in net profit is due to:
Sales increased by 39%.
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 sales is due to:
Sales growth achieved during the first half of the year, which helped offset the impact of the decline in sales during the third quarter, despite supply chain challenges and delays in the arrival of some shipments during the period.
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 net profit is due to:
1. Decreased gross profit margin, due to higher shipping costs and their impact on the cost of products.
2. Sales declined during the third quarter due to lower availability levels for some fast-moving items.
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): N/A
Reclassification of Comparison Items: N/A
Additional Information: 1. The company has previously announced the distribution of cash dividends for the first half of 2026
2. The company aims to open two new branches in the fourth quarter of 2026 as part of its expansion plans.