Anmat Technology Reports SAR 7.78M Net Profit in the Six Months 2026
ANMAT 9639.SA | 0.00 |
On 2026-08-26 09:53:32 (Saudi Time), Anmat Technology for Trading Co. announced its Interim financial results for the six months ended on June 30, 2026.
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 180.34 | 95.19 | 89.452 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 7.78 | 3.94 | 97.461 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 175.18 | 140.98 | 24.258 | ||
| Profit (Loss) per Share | 0.18 | 0.1 | |||
| 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 period compared to the same period of the last year is |
The increase in revenue by 89.45% during the six-month period ended 30 June 2026, compared to the corresponding period of the previous year, was mainly attributable to the significant growth in the Company’s business volume, led by the Information Technology segment, which contributed approximately 86% of the Company’s total revenue, in addition to the growth achieved in the construction and development and industrial activities.
Revenue from the Information Technology segment increased to SAR 154.97 million, compared to SAR 85.75 million for the corresponding period of the previous year. Revenue from construction and development activities also increased to SAR 21.28 million, compared to SAR 7.15 million, while revenue from industrial activities increased to SAR 4.10 million, compared to SAR 2.30 million for the corresponding period of the previous year. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is |
The increase in net profit by 97.29% during the six-month period ended 30 June 2026, compared to the corresponding period of the previous year, reaching SAR 7.79 million compared to SAR 3.95 million, was mainly attributable to the significant growth in revenue and the volume of business executed during the period, which positively impacted both gross profit and profit from core operations.
Gross profit increased to SAR 21.82 million, compared to SAR 12.54 million for the corresponding period of the previous year, representing an increase of approximately 74.0%. In addition, net profit from core operations increased to SAR 13.01 million, compared to SAR 7.20 million, representing an increase of approximately 80.7%.
This improvement in net profit was achieved despite the increase in selling and marketing expenses, general and administrative expenses, and finance costs during the period compared to the corresponding period of the previous year, as the Company’s financial policy focuses on cost optimization and rationalization rather than merely reducing costs. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | None |
| Additional Information | The Company confirms that these results were achieved, by the grace and favor of Allah, through the Company’s continued execution of its strategy aimed at expanding its business, capitalizing on the opportunities available across its various operating segments, enhancing operational efficiency, and achieving sustainable growth in both its business and financial performance. |
Year-on-Year Performance Drivers
Sales/Revenue surged 89.452% YoY to SAR 180.34 million (from SAR 95.19 million), primarily driven by significant growth in business volume across all operating segments, with the Information Technology segment being the dominant contributor at approximately 86% of total revenue, growing to SAR 154.97 million from SAR 85.75 million, while construction and development revenue rose to SAR 21.28 million from SAR 7.15 million, and industrial activities increased to SAR 4.10 million from SAR 2.30 million. Net profit attributable to shareholders nearly doubled by 97.461% YoY to SAR 7.78 million (from SAR 3.94 million), driven by the strong revenue growth which boosted gross profit to SAR 21.82 million from SAR 12.54 million (up ~74.0%) and core operating profit to SAR 13.01 million from SAR 7.20 million (up ~80.7%), despite higher selling, marketing, general and administrative expenses, and finance costs, as the company's focus on cost optimization rather than mere cost reduction supported overall profitability improvement.
Other Items
The external auditor issued an unmodified conclusion for the six-month period ended June 30, 2026. Total shareholders' equity (after deducting minority equity) stood at SAR 175.18 million, compared to SAR 140.98 million for the same period of the previous year, representing an increase of 24.258%. Earnings per share were SAR 0.18, compared to SAR 0.10 for the corresponding period of the previous year. No reclassification of comparison items was reported. No accumulated losses or fair value changes in investment properties were disclosed. The company stated that these results were achieved "through the Company's continued execution of its strategy aimed at expanding its business, capitalizing on the opportunities available across its various operating segments, enhancing operational efficiency, and achieving sustainable growth in both its business and financial performance."
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97805&anCat=1&cs=9639&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.