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Cherry Trading Co. — Earnings Release 2025
Mar 16, 2026
53426_rns_2026-03-16_61bca0cf-cc8c-48c1-a803-7f94fc276d82.html
Earnings Release
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Cherry Trading Co. announces its Annual Financial results for the period ending on 2025-12-31
4265 · 16/03/2026 08:02:09 · Announcement #93721 · View on Saudi Exchange
Cherry Trading Co. announces its Annual Financial results for the period ending on 2025-12-31
| Element List | Current Year | Previous Year | %Change |
|---|---|---|---|
| Sales/Revenue | 517,890 | 454,656 | 13.91 |
| Gross Profit (Loss) | 154,364 | 145,958 | 5.76 |
| Operational Profit (Loss) | 131,968 | 112,570 | 17.23 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 71,037 | 63,053 | 12.66 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 70,582 | 62,708 | 12.56 |
| Total Shareholders Equity (after Deducting Minority Equity) | 585,206 | 514,623 | 13.71 |
| Profit (Loss) per Share | 2.37 | 2.1 | |
| All figures are in (Thousands) Saudi Arabia, Riyals |
| Element List | Amount | Percentage of the capital (%) |
|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - |
| All figures are in (Thousands) Saudi Arabia, Riyals |
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The Company achieved total revenue of SAR 517.9 million during the period, a year-on-year increase of 13.91%. This performance was driven by sustained expansion across the Lease and Rental segments, which continue to represent the core of the Company's operations. When Used Car Sales - an ancillary revenue stream - is excluded, the growth rate in core operating revenue rises to 16.86%, demonstrating the strength of the underlying business and the continued improvement in revenue quality |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The improvement in net profit of 12.66% year-on-year reflects the combined effect of three factors: enhanced fleet utilisation rates across the short-term and long-term rental segments, which improved operational efficiency; targeted reductions in specific operating cost lines; and the strong top-line performance, with total revenues increasing by 13.91% over the prior year. |
| 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) | None |
| Reclassification of Comparison Items | Certain prior year amounts have been reclassified to conform to the presentation in the current year. |
| Additional Information | - |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.