Throughout this quarter, the corporate witnessed a progress in its whole revenues in every of the retail and the patron financing sector in comparison with the identical quarter of the earlier yr, because the revenues amounted to 1,792.3 million Saudi riyals in comparison with 1,603.4 million Saudi riyals, attaining a rise of 11.8%.
Within the retail sector, gross sales elevated by 10.5% with assist from constructive efficiency within the three gross sales channels: exhibitions, “Clix”, and e -commerce, in addition to the success of the nationwide day campaigns and the return of colleges. The growth additionally contributed to the bottom of the subscribers to the “Jude” loyalty program to elevating the common buying basket worth.
As for the patron financing sector, it recorded a progress in income by 23.2%, pushed by the rise of the financing portfolio by 29% throughout the identical interval.
The corporate recorded a web revenue of 167.2 million Saudi riyals throughout the present quarter, in comparison with 156.3 million Saudi riyals in the identical quarter of the earlier yr, pushed by the expansion of revenues, which was mirrored on the improve within the whole revenue by 15.6% to achieve 451.1 million riyals in comparison with 390.2 million riyals in the identical quarter of the earlier yr.
The corporate additionally witnessed an enchancment within the revenue margin by 0.8% to 25.2% throughout this quarter, and that is primarily as a result of growth of the gross sales combine and the expansion of the patron financing sector.
These elements had been mirrored positively on the web revenue, which elevated by 7%. It needs to be famous that the web revenue for the same quarter of the earlier yr has included the return of allocations for potential obligations which can be supposed for the retail sector with a worth of 16.3 million Saudi riyals, and when excluding the influence of those allocations, the modified progress within the web revenue has reached 19.4%.
The corporate’s revenues elevated throughout the present interval by 10.8% to achieve 5,657.7 million Saudi riyals, in comparison with 5,106.1 million Saudi riyals in the identical interval final yr. This progress is because of two important elements:
The retail sector: pushed by the development of buyer purchasing expertise, the expansion of gross sales of “Clix” channels and e -commerce, along with increasing the bottom of subscribers to the paid loyalty program “Jude”, which contributed to rising the common basket worth and enhancing gross sales quantity.
Shopper Finance Sector: Because of the expansion of the patron financing portfolio by 29% throughout the identical interval.
The rise in revenues contributed to the whole revenue throughout the present interval within the progress of web earnings, regardless of the rise in gross sales, distribution and public and administrative bills.
The overall revenue elevated by 16% in comparison with the same interval final yr.
The online revenue reached 395.1 million Saudi riyals, in comparison with 356.8 million Saudi riyals in the identical interval, attaining a progress of 10.7%.
It needs to be famous that the web revenue for the same quarter of the earlier yr has included the return of allocations for potential obligations which can be supposed for the retail sector with a worth of 16.3 million Saudi riyals, and by excluding the influence of those allocations, the expansion of the common web revenue is 16%.
The corporate adopts the fee kind choice to measure actual property and funding actual property.
The corporate additionally bought 1,914,578 shares of treasury shares from the date of the approval of the shareholders on the affiliation assembly held on Could 26, 2025
