Jamjoom Fashion Reports SAR 80.52M Net Profit in Six Months 2026
JAMJOOM FASHION 9649.SA | 0.00 |
On 2026-05-10 08:19:50 (Saudi Time), Jamjoom Fashion Trading Co. announced its Interim financial results for the six months ended on March 31, 2026.
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 425,205 | 375,165 | 13.338 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 80,521 | 77,667 | 3.674 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 231,212 | 213,642 | 8.224 | ||
| Profit (Loss) per Share | 10.13 | 9.77 | |||
| 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 | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Thousands) 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 | Sales have increased Year-over-Year for the same comparative period through a combination of organic growth (+6.5%), higher customer footfall and increase average transaction values. Growth was supported by the introduction of new product categories, new store concepts and targeted marketing initiatives. During the period, we expanded our net store estate by +11 and renovated/relocated 8 stores. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit growth was primarily driven by year-over-year sales growth and the expansion of our net store estate (+11). Continued focus on profitable store operations and reinvestment in our core retail and ecommerce estate supported operating profit growth. We maintained strong control of the full value chain with our Gross Margin strong and stable at 70%, while our sales and marketing operating costs were maintained at approximately 40% of sales. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Nothing to note |
| Additional Information | Nothing to note |
Year-on-Year Performance Drivers
Sales increased 13.338% YoY to 425.21 million SAR, driven by organic growth of 6.5%, higher customer footfall, increased average transaction values, and expansion of 11 new stores. Net profit rose 3.674% to 80.52 million SAR, primarily supported by sales growth and store expansion while maintaining strong gross margins at 70% and controlled operating costs at approximately 40% of sales.
Other Items
Auditors issued an unmodified conclusion for the interim period. No accumulated losses were reported, with the company maintaining no accumulated losses as a percentage of capital. Total shareholders equity increased 8.224% to 231.21 million SAR, with earnings per share improving to 10.13 SAR from 9.77 SAR in the comparable prior period.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95126&anCat=1&cs=9649&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.