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Nayifat Finance Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )

4081
NAYIFAT
-0.20 %
1447/02/06     31/07/2025 09:56:18

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 82,72593,302-11.33687,178-5.107
Gross Profit (Loss) 72,26681,358-11.17577,789-7.099
Operational Profit (Loss) 20,37144,067-53.77228,546-28.637
Net profit (Loss) 15,57138,317-59.36223,546-33.869
Total Comprehensive Income 15,57138,317-59.36223,546-33.869
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 169,903179,046-5.106
Gross Profit (Loss) 150,055154,904-3.13
Operational Profit (Loss) 48,91765,744-25.594
Net profit (Loss) 39,11755,494-29.511
Total Comprehensive Income 39,11755,494-29.511
Total Shareholders Equity (after Deducting Minority Equity) 1,436,2121,432,4080.265
Profit (Loss) per Share 0.330.46
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListExplanation
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 reason of the decrease in the revenues during the current quarter compared to the same quarter of the last year is primarily because of increase in early settlements in 2024 that is not contributing anymore in the revenues of consumer financing portfolio in the current quarter.
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 reason of the decrease in the net profit during the current quarter compared to the same quarter of the last year is mainly due to decreased operating revenues, in addition to, increased impairment charges and operating expenses that was offset by decrease in the cost of banks' borrowings.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the decrease in revenues during the current quarter compared to the previous one is due to increase early settlement from the portfolio that is not contributing anymore in the revenues.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason of the decrease in the net profit during the current quarter compared to the previous one is mainly due to decreased operating revenues, in addition to, increased operating expenses.
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 reason of the decrease in the revenues during the current period compared to the same period of the last year is primarily early settlements in 2024 that is not contributing anymore in the revenues of consumer financing portfolio during the current period.
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 reason of the decrease in the net profit during the current period compared to the same period of the last year is mainly due to decreased operating revenues and increased credit impairment charge and this was offset by reduced cost of banks' borrowings.
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) NA
Reclassification of Comparison Items NA
Additional Information NA

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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Last Price 9.91
Net Change -0.02 (-0.2%)
Value Traded (Sar) 1,151,885.68
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