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The Power and Water Utility Company for Jubail and Yanbu announces its Interim Financial results for the Period Ending on 31-03-2026 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 1,814.57 | 1,703.95 | 6.491 | 1,836.91 | -1.216 |
| Gross Profit (Loss) | 339.8 | 318.61 | 6.65 | 284.89 | 19.274 |
| Operational Profit (Loss) | 316.36 | 328.61 | -3.727 | 252.08 | 25.499 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 127.56 | 117.94 | 8.156 | 51.21 | 149.091 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 125.39 | 93.44 | 34.193 | 43.66 | 187.196 |
| 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) | 5,285.17 | 5,317.85 | -0.614 |
| Profit (Loss) per Share | 0.51 | 0.47 | |
| 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 | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase in revenue was mainly attributable to higher water and gas tariffs for industrial sector, which was partially offset by lower power revenue from Tawreed (wholly owned subsidiary). |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The increase in net profit is mainly due to: • An increase in water and gas revenue by 14.45% amounting to SAR 119.94 million. • A decrease in finance charges by 10.03% amounting to SAR 24.01 million. • An increase in finance income by 9.62 % amounting to SAR 1.7 million. The increase has been offset by: • An increase in fuel costs used in production processes by 14.03 % amounting to SAR 73.74 million. • A decrease in other operating income by 26.62 % amounting to SAR 20.91 million. • An increase in provision for expected credit loss by 189.76% amounting SAR 12.79 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The decrease in revenue was mainly attributable to lower power revenue which was partially offset by higher water and gas revenue. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase in net profit is mainly due to: • An increase in water and gas revenue by 6.46% amounting to SAR 57.67 million. • A decrease in finance charges by 6.72 % amounting to SAR 15.53 million. • A decrease in transmission and wheeling Charges by 48.12 % amounting to SAR 15.06 million. . The increase has been offset by: • An increase in fuel costs used in production processes by 9.56 % amounting to SAR 52.27 million. • A decrease in other operating income by 31.01% amounting to SAR 25.91 million. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A. |
| Reclassification of Comparison Items | N/A. |
| Additional Information | - |
| Attached Documents |  |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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