Al-Omran Industrial Reports SAR 6.26M Net Loss in the Six Months 2026
ALOMRAN 4141.SA | 0.00 |
On 2026-08-23 15:35:08 (Saudi Time), Al-Omran Industrial Trading Co. announced its Interim financial results for the six months ended on June 30, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 32,106 | 45,532 | -29.486 | 22,274 | 44.141 |
| Gross Profit (Loss) | 6,760 | 11,554 | -41.492 | 4,943 | 36.759 |
| Operational Profit (Loss) | -267 | 4,654 | - | -2,710 | -90.147 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -2,049 | 3,002 | - | -4,215 | -51.387 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -2,049 | 3,002 | - | -4,215 | -51.387 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 54,380 | 74,569 | -27.074 |
| Gross Profit (Loss) | 11,703 | 16,446 | -28.839 |
| Operational Profit (Loss) | -2,978 | 3,864 | - |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -6,264 | 1,083 | - |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -6,264 | 1,083 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 140,262 | 155,804 | -9.975 |
| Profit (Loss) per Share | -0.2 | -0.16 | |
| 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 | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
For the six-month period ending 30 June 2026, sales/revenue declined 27.074% YoY to SAR 54.38 million (from SAR 74.57 million), primarily driven by a noticeable slowdown in market activity. As a result, the company swung to a net loss of SAR 6.26 million from a net profit of SAR 1.08 million in the same period of the prior year, with operational profit also turning negative at SAR -2.98 million compared to SAR 3.86 million previously, reflecting the significant impact of reduced revenue on overall profitability.
Quarter-on-Quarter Performance Drivers
QoQ revenue surged 44.141% to SAR 32.11 million (from SAR 22.27 million in the previous quarter), driven by the fulfillment of manufactured supply orders recognized in the current quarter, the addition of new customers, expansion into new markets, and the launch of a new digital marketing segment. Despite the revenue improvement, the company still recorded a net loss of SAR 2.05 million, though this represented a significant narrowing from the SAR 4.22 million net loss in the prior quarter (-51.387% improvement), primarily attributable to the 44% revenue increase. Gross profit also improved QoQ by 36.759% to SAR 6.76 million, and operating loss narrowed sharply by 90.147% to SAR -0.27 million from SAR -2.71 million.
Other Items
The external auditor issued an unmodified conclusion with no additional comments or reservations noted. Total shareholders' equity (after deducting minority equity) stood at SAR 140,262 thousand as of the current period, compared to SAR 155,804 thousand in the same period of the prior year, representing a decline of 9.975%. Loss per share for the current period was SAR -0.2, compared to SAR -0.16 in the prior year period. No reclassification of comparison items was reported, and no additional information was disclosed.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97742&anCat=1&cs=4141&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.