| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 682,596 | 832,011 | -17.958 | 632,567 | 7.908 |
| Gross Profit (Loss) | 81,554 | 99,015 | -17.634 | 75,833 | 7.544 |
| Operational Profit (Loss) | 33,719 | 47,326 | -28.751 | 29,299 | 15.085 |
| Net profit (Loss) | 23,447 | 40,104 | -41.534 | 23,120 | 1.414 |
| Total Comprehensive Income | 23,447 | 40,104 | -41.534 | 23,120 | 1.414 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 2,199,034 | 2,492,538 | -11.775 |
| Gross Profit (Loss) | 249,451 | 278,556 | -10.448 |
| Operational Profit (Loss) | 103,894 | 131,350 | -20.902 |
| Net profit (Loss) | 75,719 | 99,672 | -24.031 |
| Total Comprehensive Income | 75,719 | 99,672 | -24.031 |
| Total Shareholders Equity (after Deducting Minority Equity) | 897,732 | 885,161 | 1.42 |
| Profit (Loss) per Share | 1.26 | 1.66 | |
| All figures are in (Thousands) 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 (Thousands) 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 | Despite the increase in revenue of the plastic industries sector, the Company's overall revenues have declined compared to the same quarter of the previous year. This decrease is mainly due to the decrease in quantities sold in the electrical industries sector and metal products. |
| 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 reasons for the decrease in net profit during the current quarter compared to the same quarter of the previous year are mainly due to the following: - The decrease in net profit of the metal and wood industries sector, mainly due to the decrease in quantities sold of the metal products and the decrease in average selling prices of the wood products. - Achieving profit from discontinued operations during the same quarter of the previous year. - The increase in the Zakat expenses. This decrease comes despite the following: - The increase in net profit of the plastic industries sector, mainly due to the increase in quantities sold. - The decrease in the finance cost and the operational expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase in revenue during the current quarter compared to the previous quarter is due to the increase in revenue in all of the group sectors. This increase is mainly due to the increase in quantities sold in the plastic industries sector and in the wood products, and the increase in average selling prices in the electrical industries sector and the metal products. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reasons for the increase in net profit during the current quarter compared to the previous quarter are mainly due to the following: - The increase in net profit of the metal and wood industries sector, mainly due to the increase in quantities sold of the wood products and the increase in average selling prices of the metal products. - The increase in net profit of the plastic industries sectors, mainly due to the increase in quantities sold. This increase comes despite the following: - The decrease in net profit of the electrical industries sector, mainly due to the decrease in quantities sold. - The increase in the Zakat expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Despite the increase in revenue of the plastic industries sectors, the company's overall revenues have decreased compared to the same period of the previous year. This decrease is mainly due to the decrease in quantities sold in the electrical industries sector and in the metal products, as well as a decrease in the average selling prices of the wood products. |
| 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 reasons for the decrease in net profit during the current period compared to the same period of the previous year are mainly due to the following: - The decrease in net profit of the metal and wood industries sector, mainly due to the decrease in quantities sold in the metal products and the decrease in average selling prices of the wood products. - The decrease in net profit of the electrical industries sector, mainly due to the decrease in quantities sold. - The decrease in the other income and the profit of investment in financial assets at fair value. This decrease comes despite the following: - The increase in net profit of the plastic industries sector, mainly due to the increase in quantities sold. - The decrease in the finance cost and the operational 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | Non-controlling interests share during the period amounted to a net profit of SAR 3.5 million as compared to a profit of SAR 6.9 million for the same period of the previous year. It is worth noting that Bawan Company signed on 10/27/2024 a sale and purchase agreement to acquire Petronash Holding Company, and Bawan expects that the financial results of Petronash will begin to be consolidated with the results of Bawan Company during the fourth quarter of this year, which will positively reflect on Bawan Company’s future results. |
