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Zahrat Al Waha for Trading 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 | 131,562,475 | 145,375,090 | -9.501 | 125,935,824 | 4.467 |
| Gross Profit (Loss) | 13,498,464 | 13,484,061 | 0.106 | 4,060,174 | 232.46 |
| Operational Profit (Loss) | 6,301,983 | 7,053,225 | -10.651 | -5,436,500 | - |
| Net profit (Loss) | 399,998 | -1,538,271 | - | -8,283,206 | - |
| Total Comprehensive Income | 417,615 | -1,489,690 | - | -8,213,784 | - |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 257,498,299 | 282,466,502 | -8.839 |
| Gross Profit (Loss) | 17,558,638 | 28,377,269 | -38.124 |
| Operational Profit (Loss) | 865,483 | 12,897,909 | -93.289 |
| Net profit (Loss) | -7,883,208 | 2,166,115 | - |
| Total Comprehensive Income | -7,796,169 | 2,302,500 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 279,943,839 | 288,022,898 | -2.805 |
| Profit (Loss) per Share | -0.35 | 0.1 | |
| 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 quarter compared to the same quarter of the last year is | The reason for the decrease in the company's sales for the current quarter compared to the same quarter of the previous year is due to: - Lower selling prices due to lower raw material prices, despite higher sales volume per ton for the preform and sheeting sectors. |
| 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 for the Increase in the net profit of the current quarter compared to the same quarter of the previous year is due to: - Cost of goods sold decreased by 10.48% while sales value decreased by 9.5%, a difference of 0.98%. - Administrative and general expenses decreased by 8.6%. - Financing costs decreased by 23.17%. - Zakat decreased by 79.33%. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the Increase in the company's sales for the current quarter compared to the previous quarter is due to: - Sales of the plastic bottle preform segment increased by 3.7%.. - Sales of the plastic bottle caps segment increased by 22.8%. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reason for the Increase in the net profit of the current quarter compared to the previous quarter is due to: - Sales increased by 4.47%. - Cost of goods sold decreased by 3.13%. - General and administrative expenses decreased by 1.04%. |
| 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 for the decrease in the company's sales during the current period compared to the same period of the previous year is due to: - Decrease in selling prices is affected by the reduction in raw material prices. |
| 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 for the decrease in the net profit during the current period compared to the same period of the previous year is due to: - Sales decreased by 8.84% while cost of sales decreased by 5.57%, a difference of 3.27%. - Selling and distribution expenses increased by 16.84% due to a 20.17% increase in transportation expenses compared to the same period last year, affected by higher fuel prices. - Net change in investments at fair value through profit or loss decreased by 115.4%. |
| 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) | No |
| Reclassification of Comparison Items | During the period ending 30 June 2025, the company has reclassified some comparative figures in the Statement of Cash Flows to align with the presentation of the current period. The reclassification had no impact on the profit or loss or equity. The reclassification of purchase of investments at fair value through profit or loss and proceeds from the sale of investments at fair value through profit or loss from investment activities to operating activities. The table below illustrates the impact on the cash flow statement for the period ended 30 June 2024: Net cash flow generated from operating activities: Before Reclassification 64,025,353 – Reclassification 1,221,994 - After Reclassification 65,247,347 Net cash flow used in investing activities: Before Reclassification (6,701,910) – Reclassification (1,221,944) - After Reclassification (7,923,904). |
| Additional Information | 1- The inventory balance decreased from SAR 134,096,525 on December 31, 2024 to SAR 93,777,846 on June 30, 2025, due to the increase in sales volume per ton for the plastic bottle preform segment and plastic caps segment. 2- The long-term loan balance decreased from SAR 28,030,405 on December 31, 2024, to SAR 17,005,562 on June 30, 2025, a decrease of 39.33%. 3- The short-term loan balance decreased from SAR 196,294,717 on December 31, 2024, to SAR 164,801,735 on June 30, 2025, a decrease of 16.04%. 4- Net changes in investments at fair value through profit or loss amounted to SAR (1,507,023) during the first half of the current year, consisting of SAR (1,659,864) in unrealized losses from investments at fair value, SAR 49,954 in realized gains from investments at fair value, and SAR 102,887 in dividends received from investments at fair value. 5- Basic earnings per share were calculated by dividing the loss/profit for the period attributable to the company's common shareholders by the weighted average number of common shares outstanding during the period. Diluted loss/earnings per share is the same as basic loss/earnings per share, as the company does not have any dilutive instruments. 6- We would like to give the attention of our valued shareholders to the condensed interim Financial Statements for the six-month, ended June 30, 2025, which will be available on the investor relations app for Zahrat Al Waha for Trading Co. smartphones and tablets, and through the company's website at the following link https://zaoasis.com/investors/financial-information after sending it to the competent authorities. |
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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