| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | TAS’HEEL Company reported growth in consumer finance revenues by 28.4%, reaching SAR 192.4 million compared to SAR 149.8 million in the same quarter last year. This growth was mainly driven by a higher number of customers obtaining financing, resulting in a 30% growth in the financing portfolio. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Tas’heel’s net profit increased by 27.7% during the current quarter compared to the same quarter last year, supported by a 28.4% growth in revenues. This revenue growth positively reflected on gross profit (net income from Shariah-compliant financing contracts), which grew by 28.9%.
It is worth noting that the growth in gross profit was not fully reflected on the growth in net profit , due to higher operating expenses and an increase in expected credit loss provisions. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The financing portfolio of TAS’HEEL Company grew by 7% compared to the previous quarter, which led to a 10.2% increase in Second-quarter revenues versus the previous quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Tas’heel’s net profit increased by 3.4% during the current quarter compared to the previous quarter, supported by a 10.2% growth in revenues. This revenue growth positively reflected on gross profit (net income from Shariah-compliant financing contracts), which rose by 9.6%.
It is worth noting that the growth in gross profit was not fully reflected on the growth in net profit , due to higher operating expenses and an increase in expected credit loss provisions. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Tas’heel’s financing portfolio grew by 30% compared to the same period last year, leading to a 26.9% increase in revenues for the current period versus the same period of the previous year. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Tas’heel’s net profit increased by 18.6% compared to the same period last year, supported by a 26.9% growth in revenues. This revenue growth positively reflected on gross profit (net income from Shariah-compliant financing contracts), which recorded a 27.9% increase.
It is worth noting that the growth in net profit did not fully reflect the growth in gross profit, due to higher operating expenses and increased expected credit loss provisions. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| 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) | These estimated financial results for the period ending on June 30, 2025, have been prepared by the company’s management and have not been audited or reviewed by its external auditor. |
| Reclassification of Comparison Items | Some comparative figures have been reclassified to be consistent with the presentation of the current period |
| Additional Information | – |
