IssuerAnnouncementDetailsV2Portlet
Nofoth Food Products Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 105,494,150 | 84,097,010 | 25.443 | 114,295,222 | -7.7 |
| Gross Profit (Loss) | 65,661,926 | 51,261,991 | 28.09 | 73,272,063 | -10.386 |
| Operational Profit (Loss) | 12,381,752 | 9,593,769 | 29.06 | 20,254,126 | -38.868 |
| Net profit (Loss) | 12,474,788 | 10,247,923 | 21.729 | 20,227,116 | -38.326 |
| Total Comprehensive Income | 12,474,788 | 10,247,923 | 21.729 | 20,227,116 | -38.326 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 219,789,372 | 179,320,013 | 22.568 |
| Gross Profit (Loss) | 138,933,989 | 110,538,168 | 25.688 |
| Operational Profit (Loss) | 32,635,878 | 26,323,372 | 23.98 |
| Net profit (Loss) | 32,701,904 | 27,137,768 | 20.503 |
| Total Comprehensive Income | 32,701,904 | 27,137,768 | 20.503 |
| Total Shareholders Equity (after Deducting Minority Equity) | 162,112,974 | 141,319,429 | 14.713 |
| Profit (Loss) per Share | 0.34 | 0.28 | |
| 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 | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Actual) 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 company's revenues for the current quarter increased to SAR 105,494,150, compared to SAR 84,097,010 for the same quarter of the previous year, achieving an increase of SAR 21,397,140, with a growth rate of 25.44%. This increase is mainly due to the expansion of sales channels, the launch of new brands, and the development of outstanding products, which contributed to boosting demand and increasing revenues. |
| 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 company's net profit after zakat and tax increased to SAR 12,474,788, compared to SAR 10,247,923 for the same quarter of the previous year, achieving an increase of SAR 2,226,865, with a growth rate of 21.73%. This growth was driven by higher sales, the introduction of new products, and improved operational efficiency. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The company’s revenue decreased during the current quarter to SAR 105,494,150, compared to SAR 114,295,222 in the previous quarter, representing a decline of SAR 8,801,072, or 7.70%. This decrease is attributed to seasonal patterns in consumer behavior, which led to a drop in demand compared to the previous quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The company recorded a net profit of SAR 12,474,788 during the current quarter, compared to SAR 20,227,116 in the previous quarter, reflecting a decrease of SAR 7,752,328, representing a decline of 38.33%. This decrease is primarily attributed to a decline in sales during the quarter due to seasonal factors. |
| 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 company’s revenues for the current period increased to SAR 219,789,372, compared to SAR 179,320,013 for the same period of the previous year, achieving an increase of SAR 40,469,359, with a growth rate of 22.57%. This increase is primarily attributed to the expansion of sales channels, the launch of new brands, and the development of outstanding products, which contributed to boosting demand and increasing revenues. |
| 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 company's net profit increased to SAR 32,701,904, compared to SAR 27,137,768 for the same period of the previous year, achieving an increase of SAR 5,564,136, with a growth rate of 20.50%. This growth was driven by higher sales, the introduction of new products, and enhanced operational efficiency. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | - |
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