Fitaihi Announces its Consolidated Interim Financial Results for the Period Ending on 31-03-2025 (Three Months)
4180
FITAIHI GROUP
1.00 %
1446/11/16 14/05/2025 15:33:56
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 13,687,903 | 13,855,630 | -1.21 | 19,412,602 | -29.489 |
| Gross Profit (Loss) | 6,248,354 | 9,230,975 | -32.311 | 10,952,741 | -42.951 |
| Operational Profit (Loss) | -108,524 | 2,930,949 | – | 4,204,465 | – |
| Net profit (Loss) | -980,363 | 2,037,407 | – | 3,540,820 | – |
| Total Comprehensive Income | -11,087,832 | -45,147,215 | -75.44 | 57,457,156 | – |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 465,346,957 | 431,502,699 | 7.843 |
| Profit (Loss) per Share | -0.004 | 0.007 | |
| 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 | – | – | |
| 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 | The reason for the decrease in revenues during the current quarter compared to the same quarter of the previous year is due to: 1- The Company’s share of results of an associate company during Q1-2025 decreased, reaching an amount of 0.7 million SAR, compared to 5 million SAR during Q1-2024. 2- Gross profit from sales decreased by 4.20% despite the increase in sales, reaching 11.5 million SAR during Q1-2025 compared to 8.9 million SAR during Q1-2024, due to a difference in the sales mix. Despite the following: 1- Receiving dividends from equity instruments at fair value through comprehensive income during Q1-2025, an amount of 1.5 million SAR, compared to not receiving any dividends during Q1-2024. |
| 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 loss during Q1-2025, compared to a net profit during Q1-2024, is mainly due to the following: 1- The Company’s share of results of an associate company during Q1-2025 decreased, reaching an amount of 0.7 million SAR, compared to 5 million SAR during Q1-2024. 2- Gross profit from sales decreased by 4.20% despite the increase in sales, reaching 11.5 million SAR during Q1-2025 compared to 8.9 million SAR during Q1-2024, due to a difference in the sales mix. Despite the following: 1- Receiving dividends from equity instruments at fair value through comprehensive income during Q1-2025, an amount of 1.5 million SAR, compared to not receiving any dividends during Q1-2024. 2- The decrease in Zakat expenses during Q1-2025, reaching 0.8 million SAR, compared to 0.09 million SAR during Q1-2024. |
| 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 revenues during the current quarter compared to the previous quarter is due to the following: 1- The Company’s share of results of an associate company during Q1-2025 decreased, reaching an amount of 0.7 million SAR, compared to 5.2 million SAR during Q4-2024. 2- Sales decreased by 19%, reaching 11.5 million SAR during Q1-2025, compared to 14.2 million SAR during Q4-2024. Despite the following: 1- Receiving dividends from equity instruments at fair value through comprehensive income during Q1-2025, an amount of 1.5 million SAR, compared to not receiving any dividends during Q4-2024. |
| 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 loss during Q1-2025, compared to a net profit during Q4-2024, is mainly due to the following: 1- The Company’s share of results of an associate company during Q1-2025 decreased, reaching an amount of 0.7 million SAR, compared to 5.2 million SAR during Q4-2024. 2- Sales decreased by 19%, reaching 11.5 million SAR during Q1-2025, compared to 14.2 million SAR during Q4-2024. 3- Zakat expenses during Q1-2025 increased, reaching 0.8 million SAR, compared to 0.6 million SAR during Q4-2024. Despite the following: 1- Receiving dividends from equity instruments at fair value through comprehensive income during Q1-2025, an amount of 1.5 million SAR, compared to not receiving any dividends during Q4-2024. 2- Selling, distribution, administrative, general, and other expenses decreased by 5.9%, reaching an amount of 6.4 million SAR during Q1-2024, compared to 6.8 million SAR during Q4-2024. |
| 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 | – |
