Mulkia Investment Co. announces its Annual Financial results for the period ending on 31-12-2025
|
The change % |
Previous year SAR |
Current year SAR |
|
|
Revenue |
(8.20) |
46,181,789 |
42,393,835 |
|
Gross Profit |
(24.15) |
26,244,565 |
19,906,988 |
| Operational Profit |
(24.15) |
26,244,565 |
19,906,988 |
| Net profit Attributable to Shareholders of the Issuer |
(31.28) |
24,270,379 |
16,677,436 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer |
(26.99) |
24,183,155 |
17,656,323 |
| Total Shareholders Equity |
1.45 |
97,225,963 |
98,632,286 |
|
Profit per Share |
3.11 |
2.14 |
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year:
The reason for the decrease in operating revenues to 42.4 million SAR in 2025 compared to 46.2 million SAR in 2024, with decrease amounting 3.8 million SAR, is due to the follows:
– Decrease in Income from investment services and asset management during 2025 compared to 2024 by amount 6.8 million SAR as a result of decrease some non-periodic transactions on an annual basis, represented by dealing and structuring fees revenues for funds under management and unit trading fees, although the company achieved an increase in fund management fee revenues during 2025 compared to 2024 by amount of 3.8 million SAR.
– Decrease in Dividends income and Special commission income during 2025 compared to 2024 by amount 0.2 million SAR.
– Despite the increase in realized and unrealized gain from investments by fair value through profit and loss during 2025 compared to 2024 by amount 3.2 million SAR.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is:
The reason for the decrease in net profit to 16.7 million SAR in 2025 compared to 24.3 million SAR in 2024, with decrease amounting 7.6 million SAR, is due to the following:
– Decrease in operating revenues during 2025 compared to 2024 by amount 3.8 million SAR.
– Increase in operating expenses during 2025 compared to 2024 by amount 2.5 million SAR.
– Increase in prior years zakat differences expense by amount 0.9 million SAR as a result of zakat assessment for the year 2023, in addition, Zakat expense for the year 2025 increased by 0.1 million SAR compared to the year 2024.
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): N/A
Reclassification of Comparison Items: Certain comparative figures have been reclassified to conform with the presentation for the current year
Additional Information: The total assets under management as of 31 December 2025 amounting 4.05 billion SAR.
Earnings per share has been calculated based on the number of shares outstanding after the capital increase during 2025 through the issuance of bonus shares, bringing the total number of shares to 7.8 million shares. The comparative earnings per share for the year 2024 has also been restated based on the number of shares after the capital increase, in accordance with the requirements of the International Financial Reporting Standards (IFRS) as endorsed in the Kingdom of Saudi Arabia.