| الربع الثالث 2026 | الربع الثالث 2025 | التغير % | 9 أشهر 2026 | 9 أشهر 2025 | التغير % | |
|---|---|---|---|---|---|---|
| Revenue | 83,231,154 | 77,606,947 | 7.25 | 191,738,777 | 219,938,977 | (12.82) |
| Gross profit | 18,675,993 | 17,531,191 | 6.53 | 42,750,267 | 51,324,119 | (16.71) |
| Net profit | 9,309,760 | 8,828,329 | 5.45 | 21,195,415 | 27,517,198 | (22.97) |
| Profit attributable to equity holders | 8,515,243 | 7,742,063 | 9.99 | 18,773,276 | 23,242,915 | (19.23) |
| EPS (fils) | 21.69 | 19.67 | 10.27 | 47.70 | 59.15 | (19.36) |
Ali Alghanim Sons Automotive Company (ALG) held its analyst and investor conference for the third quarter of 2026 via a live webcast at 2:00 pm on Sunday, 8 November 2026 (Kuwait time), and attached the presentation, according to the company's disclosure to Boursa Kuwait. The company said no new material information was disclosed during the conference and that there is no effect on its financial position.
The presentation shows that profit attributable to shareholders of the parent company in Q3 2026 (July-September) was KWD 8,515,243, against KWD 7,742,063 in the same quarter of 2025, an increase of 9.99%. Earnings per share were 21.69 fils against 19.67 fils, up 10.27%.
Q3 revenue rose 7.25% to KWD 83,231,154 from KWD 77,606,947, while cost of sales and services rendered rose 7.46% to KWD 64,555,161, lifting gross profit 6.53% to KWD 18,675,993 from KWD 17,531,191. The share of results of equity-accounted investees fell 21.30% to KWD 617,321 from KWD 784,409, net expenses rose 5.23% to KWD 9,983,554, and net profit reached KWD 9,309,760 against KWD 8,828,329, up 5.45%.
For the first nine months of 2026 (January-September), profit attributable to shareholders fell 19.23% to KWD 18,773,276 from KWD 23,242,915 a year earlier, and EPS declined 19.36% to 47.70 fils from 59.15 fils. Revenue fell 12.82% to KWD 191,738,777 from KWD 219,938,977, gross profit dropped 16.71% to KWD 42,750,267, and net profit fell 22.97% to KWD 21,195,415 from KWD 27,517,198.
Q3 revenue was split between passenger cars and bikes at 72.3%, aftersales at 11.6%, used cars at 9.4%, commercial and heavy equipment at 2.5%, and other activities at 4.3%, including rental and leasing at 2.0%. Passenger car brands include BMW, Land Rover, Rolls-Royce, McLaren, MINI, Geely, Great Wall, Haval and Mazda.
Net cash from operating activities to September 2026 was KWD 29,970,153 against KWD 19,122,573 to September 2025. Dividends paid to equity holders and non-controlling interests totalled KWD 19,920,714, and the net movement in cash and cash equivalents was a decrease of KWD 6,798,055.
Total assets stood at KWD 265,553,230 at September 2026 against KWD 274,526,030 at December 2025, down 3.27%, with total equity of KWD 113,194,863 and total liabilities of KWD 152,358,367. Equity attributable to the parent company was KWD 100.6 million, up 6.28% year on year.
The current ratio improved to 1.32 from 1.22, bank debt to equity fell to 0.46 from 0.63, and bank debt to assets to 0.20 from 0.25. Trailing twelve-month return on equity was 27.09% against 36.88%, and return on assets 11.12% against 14.09%. Gross profit margin was 22.30% against 23.34%, and net profit margin 11.05% against 12.51%.
The disclosure was signed by Yousef Abdullah Al Qatami, Vice Chairman and CEO.
