CGS FY Net Profit 46.6 Million Riyals

About this update from Consolidated Grunenfelder Saady Holding Co.

CONSOLIDATED GRUNENFELDER SAADY HOLDING TADAWUL:4147:CGS FY NET PROFIT 46.6 MILLION RIYALSCGS FY SALES 477.1 MILLION RIYALSCGS : GEOPOLITICAL DEVELOPMENTS IN REGION DISRUPTED SUPPLY CHAINS DURING LATE Q4CGS : FY GA EXPENSES INCREASED 7.4%CGS : INCREASE IN BAD DEBT PROVISIONS ALSO CONTRIBUTED TO INCREASE IN COST YOY DURING FYCGS : BOARD RECOMMENDS DIVIDEND OF SAR 0.23/SHARE FOR FYCGS : TOTAL BACKLOG AT 31 MARCH, SAR 300MCGS - FY SAW LOWER VOLUMES IN AUTOMOTIVE SOLUTIONS SEGMENTCGS - FY SAW SHIFT IN MARKET SENTIMENT IN THE LATTER PART OF THE FISCAL YEARCGS - FY SAW DELAYS IN PROJECT DELIVERY SCHEDULESCGS - CONTINUES TO MAKE TOWARDS BUILDING DIFFERENTIATED OFFERINGSCGS - FOCUS OF MANAGEMENT TEAM FOR FY27 AND BEYOND IS ON DISCIPLINED EXECUTIONCGS - FOCUS OF MANAGEMENT TEAM FOR FY27 AND BEYOND IS ON SUCCESSFULLY CONVERTING BACKLOG INTO SUSTAINABLE REVENUESCGS - FY SAW CASH CASH EQUIVALENTS: GREW 27.9% TO SAR 87.7 MILLIONCGS - FY SAW INVENTORIES DECLINED 4.2% TO SAR 74.9 MILLION

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