Al Yamamah Steel Reports SAR 37.61M Profit in Three Months 2025

ALYAMAMAH STEEL -2.11%

ALYAMAMAH STEEL

1304.SA

35.34

-2.11%

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=ar

Important 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.

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