Ahmed Al-Sultan, CEO of Al-Saif Gallery
expectation Ahmed Al-SultanCEO of the corporate Al Saif GalleryThe constructive momentum within the firm’s efficiency continues through the fourth quarter of 2025, pushed by the launch of recent merchandise and numerous seasonal components, along with occasions geared toward enhancing buyer expertise and assembly their aspirations.
He added in an interview with numbersThrough the coming interval, the corporate will concentrate on making the most of these alternatives by enhancing the shopper expertise and increasing digital channels, whereas sustaining margin self-discipline and operational processes.
Commenting on the efficiency of the third quarter, he identified that the rise in earnings throughout Third quarter 2025, is an extension of the expansion achieved by the corporate within the first half of the yr, confirming that the efficiency throughout 2025 was sustainable progress.
Al-Sultan added that the expansion in web revenue continued strongly through the yr, because it rose by 38% through the first half of 2025, adopted by a 42% rise by the tip of the primary 9 months, regardless of the decline in revenues.
He defined that these outcomes got here on account of the corporate’s coverage, which centered on three principal axes to boost revenues and enhance profitability.
He defined that the primary axis was bettering the shopper expertise inside shops and the web retailer, which contributed to a rise in gross sales by 8.8% in comparison with the identical quarter of the earlier yr on account of the expansion in demand for merchandise, along with the expansion of on-line retailer gross sales by 43.7%.
He added that the second axis centered on bettering operational effectivity and revenue margins, as this was mirrored in a rise in complete revenue in comparison with the identical quarter final yr, indicating that the corporate witnessed an enchancment in revenue margins by 69% in web revenue progress in comparison with the earlier quarter, regardless of the rise in promoting and administrative bills, which contributed to enhancing operational effectivity.
He acknowledged that the third axis included specializing in merchandise with the best profitability and personal labels.
Al-Sultan indicated that the variety of the group’s branches reached 73 branches by the tip of the third quarter of 2025, a rise of two branches over the identical interval of the earlier yr, stressing that the corporate seeks a studied and balanced growth inside the Kingdom and the Gulf nations.
Relating to demand through the third quarter, he acknowledged that the corporate witnessed an enchancment in demand for each day classes in comparison with final yr, as an extension of market developments in gentle of shoppers’ seek for dependable worth, which was mirrored within the progress of gross sales of personal and unique manufacturers.
He added that the demand within the branches was good, which displays the buyer’s desire for purchasing contained in the showrooms after bettering the shopper expertise, regardless of the continued progress in digital gross sales.
In line with information numbersThe earnings of Al Saif Shops Firm for Improvement and Funding rose to 49.6 million riyals by the tip of the primary 9 months of 2025, by 42%, in comparison with earnings of 35 million riyals achieved throughout the identical interval in 2024, and the earnings of the third quarter amounted to 12.9 million riyals.
