Al Yamamah Steel Reports SAR 37.61M Profit in Three Months 2025
ALYAMAMAH STEEL 1304.SA | 38.92 | +0.67% |
On 2026-02-08 15:39:08 (Saudi Time), Al Yamamah Steel Industries Co. announced its Interim financial results for the three months ended on December 31, 2025.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 498.205 | 484.444 | 2.84 | 403.693 | 23.411 |
| Gross Profit (Loss) | 76.631 | 39.153 | 95.721 | 52.088 | 47.118 |
| Operational Profit (Loss) | 54.016 | 18.692 | 188.979 | 32.689 | 65.242 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 37.61 | 4.592 | 719.033 | 17.775 | 111.589 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 37.61 | 4.592 | 719.033 | 16.231 | 131.717 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 659.434 | 593.673 | 11.076 |
| Profit (Loss) per Share | 0.74 | 0.09 | |
| 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 | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales increased by 2.84% YoY to SAR 498.205 million, primarily driven by significant growth in the renewable energy sector (77.94% increase in quantity, 85.64% in value) and electricity sector (34.27% increase in quantity, 36.56% in value). Net profit attributable to shareholders surged by 719.033% YoY to SAR 37.61 million, resulting from both increased sales volumes and decreased cost of sales in the electricity sector (13.32% reduction) and renewable energy sector (9.05% reduction).
Quarter-on-Quarter Performance Drivers
QoQ revenue increased by 23.41% primarily due to a significant 558.66% increase in sales in the renewable energy sector. Net profit rose by 111.59% quarter-over-quarter, driven by higher product selling prices in both the electricity and renewable energy sectors, which increased by 4.22% and 37.50% respectively.
Other Items
The external auditor issued an unmodified conclusion on the financial statements. Certain comparative figures were reclassified to conform to the current period's presentation. Total shareholders' equity increased by 11.076% to SAR 659.434 million compared to SAR 593.673 million in the previous year. Earnings per share improved to SAR 0.74 from SAR 0.09 in the similar period last year.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93013&anCat=1&cs=1304&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.