Umm Al Qura Reports SAR 44.93M Net Profit in Three Months 2026
MASAR 4325.SA | 0.00 |
On 2026-05-03 08:01:18 (Saudi Time), Umm Al Qura for Development and Construction 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 | 79.65 | 501.98 | -84.132 | 466.24 | -82.916 |
| Gross Profit (Loss) | 39.35 | 231.42 | -82.996 | 234.21 | -83.198 |
| Operational Profit (Loss) | 96.06 | 175.77 | -45.349 | 128.81 | -25.425 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 44.93 | 159.66 | -71.858 | 70.49 | -36.26 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 44.93 | 159.66 | -71.858 | 72.73 | -38.223 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 15,908.69 | 15,037.78 | 5.791 |
| Profit (Loss) per Share | 0.03 | 0.12 | |
| All figures are in (Millions) 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 (Millions) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales declined 84.132% YoY from SAR 501.98 million to SAR 79.65 million, primarily driven by decreased revenues from land sales due to a lower number of plots sold. Net profit dropped 71.858% YoY from SAR 159.66 million to SAR 44.93 million, directly attributable to the significant reduction in land sale revenues.
Quarter-on-Quarter Performance Drivers
QoQ revenue declined 82.916% from 466.24 million to 79.65 million SAR due to decreased revenues from land sales. Net profit fell 36.26% from 70.49 million to 44.93 million SAR, primarily driven by the significant drop in land sales revenues during the quarter.
Other Items
The external auditor issued an unmodified conclusion with no additional comments, disclaimers, or adverse opinions noted. Total shareholders equity increased 5.791% to SAR 15,908.69 million compared to the previous year. Earnings per share decreased from SAR 0.12 to SAR 0.03 year-over-year.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94867&anCat=1&cs=4325&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/25872_7246_2026-05-02_20-25-40_en.pdfImportant 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.