National Building and Marketing Reports SAR 13.27M Net Profit in the Six Months 2026
NBM 9510.SA | 0.00 |
On 2026-08-27 08:09:58 (Saudi Time), National Building and Marketing 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 | 430,803 | 412,776 | 4.367 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 13,273 | 7,274 | 82.471 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 364,955 | 349,946 | 4.288 | ||
| Profit (Loss) per Share | 1.08 | 0.61 | |||
| 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 | The increase in revenue is due to higher sales volumes in the Steel products & Trading Sector, and completion of percentage for IT Sector |
| 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 is due to the following:
- Improvement in average selling price in the local market during H1 2026. - increase completion and deliverables for projects in IT sector. |
| Statement of the type of external auditor's report | Other Matter |
| Reclassification of Comparison Items | Some figures from the comparison period have been re-presented to conform to the classification of the current period's figures. |
| Additional Information |
- The consolidated financial statements for the year ended 31 December 2025 and the interim condensed consolidated financial statements for the six-months period ended 30 June 2025 of the Group were audited and reviewed by another auditor who expressed unmodified opinion and conclusion on 6 April 2026G and 7 September 2025G respectively.
- Basic earnings per share is calculated by dividing the profit / (loss) attributable to company’s shareholders by the weighted average number of ordinary shares in issue. |
Year-on-Year Performance Drivers
Sales/Revenue increased 4.367% YoY from SAR 412.78 million to SAR 430.80 million, driven by higher sales volumes in the Steel Products & Trading Sector and increased project completion in the IT Sector. Net profit attributable to shareholders surged 82.471% YoY from SAR 7.27 million to SAR 13.27 million, primarily due to improvement in average selling prices in the local market during H1 2026 and increased completion and deliverables for projects in the IT Sector.
Other Items
The external auditor's report is classified as "Other Matter." The consolidated financial statements for the year ended December 31, 2025, and the interim condensed consolidated financial statements for the six-month period ended June 30, 2025, were audited and reviewed by another auditor who expressed an unmodified opinion and conclusion on April 6, 2026, and September 7, 2025, respectively. Total shareholders' equity (after deducting minority equity) stood at SAR 364,955 thousand as of the current period, compared to SAR 349,946 thousand in the same period of the prior year, reflecting a 4.288% increase. Earnings per share rose to SAR 1.08 from SAR 0.61 in the prior comparable period. No accumulated losses or profits/losses resulting from changes in investment property fair value were reported. Some figures from the comparison period have been re-presented to conform to the classification of the current period's figures.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97819&anCat=1&cs=9510&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.