IssuerAnnouncementDetailsV2Portlet
Halwani Bros. Co. announces its Annual Financial results for the period ending on 2025-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 903.87 | 969.06 | -6.73 | ||
| Gross Profit (Loss) | 258.38 | 289.12 | -10.63 | ||
| Operational Profit (Loss) | 84.1 | 119.69 | -29.73 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 42.61 | 44.67 | -4.61 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 46.25 | -17.24 | - | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 335.84 | 289.59 | 15.97 | ||
| Profit (Loss) per Share | 1.21 | 1.26 | |||
| 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 year compared to the last year | The decrease in sales during the current year compared to the previous year is primarily attributed to: 1) The consolidated company’s sales (in SAR) were mainly affected by the decrease in the exchange rate in the subsidiary company in the Arab Republic of Egypt. 2) A decrease in total export sales at the Group level. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The Company achieved a net profit of approximately SAR 42.6 million during 2025, representing a 5% decrease compared to the previous year. This decline is primarily attributed to: 1) A decrease in the Company’s consolidated sales. 2) Increase in general and administrative expenses, and selling and distribution expenses. 3) Increase in financing costs at the subsidiary in the Arab Republic of Egypt. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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 | The figures in the financial statements have been grouped to conform with the accounting policies for the current year presentation as per International Financial Reporting Standard as endorsed in the Kingdom of Saudi Arabia. For more information, please refer to Note No. 32 (Comparative Figures) in the consolidated Financial Statements for the period ending on December 31, 2025. |
| Additional Information | None |
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.