Abo Moati Reports SAR 24.61M Net Profit in 2026
ABO MOATI 4191.SA | 0.00 |
On 2026-06-24 07:57:39 (Saudi Time), Abdullah Saad Mohammed Abo Moati for Bookstores Co. announced its Annual financial results for the twelve months ended on March 31, 2026.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 259.53 | 270.13 | -3.92 | ||
| Gross Profit (Loss) | 84.88 | 83.93 | 1.13 | ||
| Operational Profit (Loss) | 31.55 | 27.93 | 12.96 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 24.61 | 22.13 | 11.21 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 25.32 | 21.34 | 18.65 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 245.69 | 240.37 | 2.21 | ||
| Profit (Loss) per Share | 1.23 | 1.11 | |||
| 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 year compared to the last year | Sales decreased by 3.92% during the current year compared to the previous year. This decline was primarily attributable to lower sales in the Ink Division and the Wholesale and Retail Division, despite an increase in revenue from the Leasing Division. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
Net profit increased by 11.21% during the current year compared to the previous year, mainly due to the following factors:
- The profit margin improved during the current year compared to the previous year, primarily due to changes in the sales mix. - Selling and marketing expenses decreased during the current year compared to the previous year. - Other income decreased during the current year compared to the previous year. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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) | Nothing |
| Reclassification of Comparison Items | Comparative period figures have been restated to conform with the classification and presentation of the current period figures. |
| Additional Information | Nothing |
Year-on-Year Performance Drivers
Sales declined 3.92% YoY to SAR 259.53 million, primarily due to lower sales in the Ink Division and Wholesale and Retail Division, despite increased revenue from the Leasing Division. Net profit increased 11.21% to SAR 24.61 million, driven by improved profit margins from changes in sales mix and reduced selling and marketing expenses, which offset the impact of decreased other income.
Other Items
The external auditors issued an unmodified opinion with no additional comments, disclaimers, or adverse remarks noted. Total shareholders equity increased 2.21% to SAR 245.69 million, while earnings per share improved to SAR 1.23 compared to SAR 1.11 in the previous year. Total comprehensive income attributable to shareholders rose 18.65% to SAR 25.32 million, and comparative period figures were restated to conform with current period classification and presentation.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96317&anCat=1&cs=4191&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.