MOBI Industry Reports SAR 13.38M Net Profit in Three Months 2026
MOBI INDUSTRY 9517.SA | 0.00 |
On 2026-05-11 08:05:18 (Saudi Time), MOBI Industry Co. announced its Interim financial results for the three months ended on March 31, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 72,767,976 | 61,196,315 | 18.909 | 63,939,853 | 13.806 |
| Gross Profit (Loss) | 26,209,635 | 22,365,100 | 17.189 | 18,145,998 | 44.437 |
| Operational Profit (Loss) | 12,484,482 | 10,133,460 | 23.2 | 6,071,752 | 105.615 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 13,377,023 | 10,132,309 | 32.023 | 8,858,962 | 50.999 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 12,819,095 | 8,903,453 | 43.978 | 8,800,393 | 45.665 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 85,579,393 | 84,753,551 | 0.974 |
| Profit (Loss) per Share | 0.27 | 0.2 | |
| All figures are in (Actual) 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 (Actual) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales increased 18.909% YoY to SAR 72.77 million, driven by an increase in the number of customers and a reduction in discounts granted to key customers. Net profit rose 32.023% YoY to SAR 13.38 million, primarily due to the SAR 11.6 million increase in sales and higher investment profits in Jal Al-Sahra Agricultural Production Company by SAR 0.59 million compared to the same quarter of the previous year.
Quarter-on-Quarter Performance Drivers
QoQ revenue increased 13.81% to SAR 72.77 million driven by seasonal Ramadan sales in Q1 2026. Net profit rose 50.999% to SAR 13.38 million, primarily attributed to the SAR 8.8 million increase in seasonal sales compared to the previous quarter.
Other Items
The external auditor issued an unmodified conclusion with no additional comments, disclaimers, or adverse opinions noted. Total shareholders equity stands at SAR 85,579,393, representing a 0.974% increase from the previous year. Earnings per share improved to SAR 0.27 compared to SAR 0.2 in the same quarter of the previous year. The company reported reclassification of comparison items in the current period.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95204&anCat=1&cs=9517&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.