Marketing Home Group Reports SAR 16.79M Net Profit in the Six Months 2026
BUILD STATION 4194.SA | 0.00 |
On 2026-08-11 08:08:02 (Saudi Time), Marketing Home Group for Trading Co. announced its Interim financial results for the six months ended on June 30, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 90,955 | 105,120 | -13.475 | 85,848 | 5.948 |
| Gross Profit (Loss) | 49,846 | 55,781 | -10.639 | 45,829 | 8.765 |
| Operational Profit (Loss) | 10,812 | 20,112 | -46.241 | 9,902 | 9.19 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 8,757 | 15,317 | -42.828 | 8,029 | 9.067 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 8,526 | 15,419 | -44.704 | 8,089 | 5.402 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 176,803 | 192,839 | -8.315 |
| Gross Profit (Loss) | 95,675 | 106,772 | -10.393 |
| Operational Profit (Loss) | 21,045 | 35,897 | -41.373 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 16,786 | 28,882 | -41.88 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 16,615 | 29,051 | -42.807 |
| Total Shareholders Equity (after Deducting Minority Equity) | 272,407 | 342,234 | -20.403 |
| Profit (Loss) per Share | 1.05 | 1.81 | |
| 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 | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
For the six-month period ending 30 June 2026, Sales/Revenue declined 8.315% YoY to SAR 176.80 million (from SAR 192.84 million), driven by geopolitical events and supply chain challenges in the region. Net Profit attributable to shareholders fell 41.88% YoY to SAR 16.79 million (from SAR 28.88 million), primarily due to the decrease in sales combined with an increase in shipping and transportation costs compared to the same period of the previous year, which also compressed operational profit by 41.373% YoY to SAR 21.05 million.
Quarter-on-Quarter Performance Drivers
QoQ revenue rose 5.948% to SAR 90.96 million (from SAR 85.85 million in the previous quarter), driven by a slight improvement in sales. Net profit attributable to shareholders increased 9.067% QoQ to SAR 8.76 million (from SAR 8.03 million), with the improvement directly attributable to the rise in the company's sales compared to the previous quarter.
Other Items
The external auditor issued an unmodified conclusion with no additional comments or reservations noted. No material risks, going concern uncertainties, debt covenant breaches, or reclassification of comparison items were disclosed. Total shareholders' equity (after deducting minority equity) stood at SAR 272,407 thousand as of the current period, compared to SAR 342,234 thousand in the same period of the prior year, representing a decline of 20.403%. Earnings per share for the current period were SAR 1.05, down from SAR 1.81 in the same period of the prior year. No profits or losses resulting from changes in investment property fair value were reported.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97493&anCat=1&cs=4194&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.