Halwani Bros Reports SAR 42.61M Net Profit in the Year 2025
HB 6001.SA | 0.00 |
On 2026-02-04 15:36:42 (Saudi Time), Halwani Bros. Co. announced its Annual financial results for the period ending on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 903.87 | 969.06 | -6.73 | ||
| Gross Profit (Loss) | 258.38 | 289.12 | -10.63 | ||
| Operational Profit (Loss) | 84.1 | 119.69 | -29.73 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 42.61 | 44.67 | -4.61 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 46.25 | -17.24 | - | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 335.84 | 289.59 | 15.97 | ||
| Profit (Loss) per Share | 1.21 | 1.26 | |||
| 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 |
The decrease in sales during the current year compared to the previous year is primarily attributed to:
1) The consolidated company’s sales (in SAR) were mainly affected by the decrease in the exchange rate in the subsidiary company in the Arab Republic of Egypt. 2) A decrease in total export sales at the Group level. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
The Company achieved a net profit of approximately SAR 42.6 million during 2025, representing a 5% decrease compared to the previous year. This decline is primarily attributed to:
1) A decrease in the Company’s consolidated sales. 2) Increase in general and administrative expenses, and selling and distribution expenses. 3) Increase in financing costs at the subsidiary in the Arab Republic of Egypt. |
| 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) | None |
| Reclassification of Comparison Items | The figures in the financial statements have been grouped to conform with the accounting policies for the current year presentation as per International Financial Reporting Standard as endorsed in the Kingdom of Saudi Arabia. For more information, please refer to Note No. 32 (Comparative Figures) in the consolidated Financial Statements for the period ending on December 31, 2025. |
| Additional Information | None |
Year-on-Year Performance Drivers
Sales decreased by 6.73% YoY primarily due to the declining exchange rate in the subsidiary company in Egypt and reduced export sales at the Group level. Net profit declined by 4.61% to SAR 42.61 million compared to SAR 44.67 million in the previous year, driven by lower consolidated sales, increased general and administrative expenses, higher selling and distribution expenses, and increased financing costs at the Egyptian subsidiary.
Other Items
Halwani Bros. Co. received an unmodified audit opinion for its 2025 annual financial results. The company reported total comprehensive income attributable to shareholders of SAR 46.25 million, compared to a loss of SAR 17.24 million in the previous year. Total shareholders' equity increased by 15.97% to SAR 335.84 million. The financial statements were reclassified to conform with current year presentation as per International Financial Reporting Standards endorsed in Saudi Arabia.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92977&anCat=1&cs=6001&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.