Saudi Advanced Industries Co. announces its Interim Financial results for the Period Ending on 2026-09-30 ( Nine Months )
- 09:29:31
- 1448/05/29
- 09/11/2026
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | -2.05 | 9.75 | – | 15.82 | – |
| Gross Profit (Loss) | -2.05 | 9.75 | – | 15.82 | – |
| Operational Profit (Loss) | -6.71 | 4.15 | – | 11.1 | – |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -9.91 | 0.89 | – | 7.47 | – |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -11.58 | 0.24 | – | 5.87 | – |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 28.97 | -81.36 | – |
| Gross Profit (Loss) | 28.97 | -81.36 | – |
| Operational Profit (Loss) | 15.31 | -99.59 | – |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 4.99 | -109.25 | – |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 1.17 | -112.26 | – |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,012.7 | 1,059.45 | -4.412 |
| Profit (Loss) per Share | 0.08 | -1.85 | |
| 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 | |||
| 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 | The reason for the decrease in revenue during the current quarter compared to the same quarter of the previous year is due to:
• Decrease in profits from selling shares in associated companies. • Decrease in dividends earned. • Increase in realized losses from selling financial assets at fair value through profit or loss. in spite of: • Increase in the company share of associate companies’ profits. • Decrease in unrealized losses from financial assets at fair value through profit or loss. |
| 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 during the current quarter compared to the same quarter of the previous year is due to:
• Decrease in revenue. • Increase in zakat expenses. in spite of: • Decrease in general and administrative expenses. • Decrease in financing costs. • Increase in other income. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the decrease in revenue during the current quarter compared to the previous quarter is due to:
• Decrease in the company share of associate companies’ profits. • Decrease in dividends earned. • Recognition of unrealized losses from financial assets at fair value through profit or loss compared to unrealized gains in the previous quarter. in spite of: • Decrease in realized losses from selling financial assets at fair value through profit or loss. |
| 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 decrease in net profit during the current quarter compared to the previous quarter is due to:
• Decrease in revenue. • Increase in financing costs. in spite of: • Decrease in general and administrative expenses. • Increase in other income. |
| 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 revenue during the current period compared to the same period of the previous year is due to:
• Increase in the company share of associate companies’ profits. • Recognition of unrealized gains from financial assets at fair value through profit or loss compared to unrealized losses in the same period of the previous year. in spite of: • Decrease in profits from selling shares in associated companies. • Decrease in dividends earned. • Recognition of realized losses from selling financial assets at fair value through profit or loss compared to realized gains in the same period of the previous year. |
| 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 increase in net profit during the current period compared to the same period of the previous year is due to:
• Increase in revenue. • Decrease in general and administrative expenses. • Increase in other income. in spite of: • Increase in financing costs. • Increase in zakat 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | We would like to note that the unrealized losses on financial assets at fair value through profit or loss resulted from a decline in the value of the Company’s investment portfolios, which were affected by the decline in the Saudi stock market during the nine-month period of 2026. |