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Knowledge Economic City — Earnings Release 2025
Mar 16, 2026
53433_rns_2026-03-16_3382e664-e28d-4b54-b93c-d9099a4d5438.html
Earnings Release
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Knowledge Economic City announces its Annual Financial results for the period ending on 2025-12-31
4310 · 16/03/2026 08:27:59 · Announcement #93738 · View on Saudi Exchange
Knowledge Economic City announces its Annual Financial results for the period ending on 2025-12-31
| Element List | Current Year | Previous Year | %Change |
|---|---|---|---|
| Sales/Revenue | 318,987 | 158,805 | 100.87 |
| Gross Profit (Loss) | 94,853 | 70,096 | 35.32 |
| Operational Profit (Loss) | -24,821 | -17,800 | 39.44 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -34,869 | -20,957 | 66.38 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -39,986 | -13,728 | 191.27 |
| Total Shareholders Equity (after Deducting Minority Equity) | 2,949,756 | 2,989,742 | -1.34 |
| Profit (Loss) per Share | -0.1 | -0.06 | |
| 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 | - | - |
| Accumulated Losses | -442,344 | -13 |
| 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 | During the current year, the sales have increased by 101% as compared to the the last year. This is mainly due to increase in the number of sold units from one of the Company's residential projects. Moreover, during September 2025, the Company has sold one land parcel amounting to SAR 37.6 million. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | During the current year, the increase in net loss compared to the last year is mainly due to increase in operating expenses. |
| 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 | During the year, the Group has revised the presentation of the Consolidated Statement of financial position as of 31 December 2024 to enhance and to conform with the current year’s presentation. |
| Additional Information | The fair value of the Group’s investment properties as at 31 December 2025 was valued at SR 15.4 billion (2024: SR 12.2 billion). |
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.