Saudi Marketing Company ( Farm Superstores ) announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )

Saudi Marketing Company ( Farm Superstores ) announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )

|Element List||Current Quarter||Similar quarter for previous year||%Change||Previous Quarter||% Change|

|Sales/Revenue||476,865||479,936||-0.639||454,990||4.807|

|Gross Profit (Loss)||140,619||136,887||2.726||137,513||2.258|

|Operational Profit (Loss)||24,244||24,269||-0.103||18,426||31.574|

|Net profit (Loss)||6,850||7,446||-8.004||3,072||122.981|

|Total Comprehensive Income||7,007||7,480||-6.323||5,409||29.543|

|All figures are in (Thousands) Saudi Arabia, Riyals|

|Element List||Current Period||Similar period for previous year||%Change|

|Total Share Holders Equity (After Deducting the Minority Equity)||667,589||666,399||0.178|

|Profit (Loss) per Share||0.15||0.17|

|All figures are in (Thousands) Saudi Arabia, Riyals|

|Element List||Percentage of the capital (%)||Amount|

|Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value||-||-|

|Accumulated Losses||-||-|

|All figures are in (Thousands) 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||- Decrease in the revenues of the current quarter compared to the same quarter of the previous year by SR 3.1 million, a decrease of 0.64% due to decrease in the revenue of Farm Superstores branches for the current quarter compared to the same quarter of the previous year.|

|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 of decrease in the net profit during the current quarter compared to the same quarter of the previous year is as follows:

|

- Increase in total operating expenses for the current quarter compared