The profits of “Bergarezar” decreased to 2.2 million riyals in the first quarter

The profits of the Shattira House restaurant company for fast food “Bergariszer” decreased in the first quarter of 2025 by 58% to 2.2 million riyals, compared to 5.2 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the company’s net profit for the first quarter of 2025 decreased by 3 million riyals compared to the net profit of the same quarter of 2024, for the following reasons:
The total profit margin decreased from 34.1% in the same period in the previous year to 31% in the current period, as a result of the high cost of employment, rents, facilities and maintenance expenses resulting from the expansion of branches in conjunction with business growth.
The sales expenses increased by 1.3 million riyals, or 10.8%, mainly due to the increase in delivery fees resulting from increasing the contribution to electronic sales channels, including delivery applications.
Administrative expenses increased by 234 thousand riyals, or 3%.
The financing costs increased by 248 thousand riyals, and the losses resulting from deleting property decreased by 258 thousand riyals, and other revenues increased by 16 thousand riyals.
The company’s net profit for the first quarter of 2025 increased by 3.4 million riyals compared to the fourth quarter of 2024, for the following reasons:
The total profit increased by 16.22%, mainly due to the increase in sales and the decrease in some elements of the cost of revenue.
The sales expenses increased by 1.4 million riyals, or by 11.37%, mainly due to sales growth and increased delivery fees resulting from increasing contribution to electronic sales channels, including delivery applications.
Administrative expenses decreased by 715 thousand riyals, or 8.4%.
The financing costs increased by 23 thousand riyals, and the loss resulting from deleting property and equipment decreased by 731 thousand riyals, and other revenues increased by 74 thousand riyals.