Saudi Top for Trading Reports SAR 3.55M Net Profit in the Six Months 2026
SAUDI TOP 9552.SA | 0.00 |
On 2026-08-18 08:02:42 (Saudi Time), Saudi Top for Trading 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 | 81,834,674 | 93,807,541 | -12.763 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 3,546,112 | 5,306,938 | -33.179 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 75,672,314 | 71,561,992 | 5.743 | ||
| Profit (Loss) per Share | 0.09 | 0.13 | |||
| 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 | |||
| 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 decline in sales is attributable to an 8.3% drop in the average selling price—driven by a shift in the sales mix—and a 5% decrease in sales volume, resulting from the geopolitical conditions experienced by the region during the period.
Despite these declines, the same gross profit levels were maintained. |
| 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 decrease in net profit is attributable to a decline in the average selling price and sales volume, as well as a 52% increase in ocean freight costs for export customers due to geopolitical conditions in the region. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | None |
Year-on-Year Performance Drivers
Sales/Revenue declined 12.763% YoY from SAR 93.81 million to SAR 81.83 million, driven by an 8.3% drop in the average selling price due to a shift in the sales mix and a 5% decrease in sales volume, both resulting from regional geopolitical conditions. Net profit attributable to shareholders fell 33.179% YoY from SAR 5.31 million to SAR 3.55 million, as the impact of lower selling prices and reduced sales volumes was compounded by a 52% surge in ocean freight costs for export customers stemming from the same geopolitical pressures.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97672&anCat=1&cs=9552&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.