Profits of “Maintenance Machinery” decreased by 63% to 6 million riyals in 2025

The Maintenance Machinery Company’s profits in 2025 declined by 63% to 6 million riyals, compared to 16.2 million riyals in 2024.

According to the company’s statement on the website "Saudi Arabia trading"The reason for the decrease in net profit during the current year compared to the previous year is mainly due to the following:

– The decrease in revenues is due to the decline in demand in the corporate sector during the period compared to the previous year.

— Increase in administrative expenses to strengthen the administrative structure and governance.

– Creation of an allowance for expected credit losses for some receivables in accordance with the requirements of International Financial Reporting Standard No. (9).

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