Gulf Industrial Holdings SAOG

GIHCase FSA-2026-0158

SectorIndustrial

FilingAnnual Report

PeriodFY2025

Submitted2026-03-28

Pending Review

Red Flags

3 flags

1 critical · 2 warning

4 findings — mixed themes: 2 narrative-vs-XBRL mismatches, 1 period-over-period anomalies.

Sustainability Readiness

1/9

IFRS S1/S2 checklist

Finding themes

4 findings — mixed themes: 2 narrative-vs-XBRL mismatches, 1 period-over-period anomalies.

Narrative-vs-XBRL mismatch2Period-over-period anomaly1Arithmetic inconsistency1

Critical

Narrative vs XBRL revenue growth mismatch

Repeat · 3rd consecutive period

Chairman's statement reports revenue growth of 12% YoY; XBRL-tagged revenue movement is 4.0% (OMR 177.14M → 184.22M).

XBRL · ifrs-full:RevenuePDF · p.6Same theme in 2 prior consecutive periods

Warning

Period-over-period spike: trade receivables +80.7%

Repeat · 2nd consecutive period

Trade receivables rose from OMR 22.8M to OMR 41.2M — an 80.7% increase materially outside the peer range (8–15%). No corresponding disclosure of impairment reassessment.

XBRL · ifrs-full:TradeAndOtherReceivablesPDF · p.22Same theme in 1 prior consecutive period

Warning

Arithmetic check: working capital narrative inconsistency

Repeat · 3rd consecutive period

Narrative describes 'healthy working capital'. Current ratio is 1.08 (OMR 62.9M / 58.4M) — technically positive but marginal given the receivables spike above.

XBRL · ifrs-full:CurrentAssetsPDF · p.31Same theme in 2 prior consecutive periods

Info

Equity reconciliation

Equity movement reconciles to Statement of Changes in Equity within tolerance.

XBRL · ifrs-full:Equity