| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The increase in revenue during the current period compared to the same period last year is primarily due to higher sales volumes of paper rolls, resulting from the commissioning of the new fifth production line on September 29, 2025. Sales volume increased by 8% compared to the same period last year. This increase was offset by a decrease in the average selling price of paper rolls, due to lower prices for raw materials used in paper roll production. Increased sales of recycled paper also contributed to the overall revenue growth during the period |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The decrease in net profit during the current period compared to the same period of the previous year is due to an increase in the provision for doubtful accounts by SAR 11.7 million, and to recording other losses resulting from foreign exchange differences amounting to SAR 9.1 million |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | The Group’s financial statements for the fiscal year ended December 31, 2024, were audited by another auditor who expressed an unqualified opinion on those financial statements on 01 Shawwal 1446 AH (corresponding to March 30, 2025) |
| Reclassification of Comparison Items | A loss of SAR 1.1 million from the sale of subsidiaries has been reclassified from “Other Expenses” to “Loss from Discontinued Operations” to align with the current period’s presentation and to provide better inter-period comparability |
| Additional Information | Basic earnings per share are calculated by dividing the net profit attributable to the company's ordinary shareholders by the weighted average number of ordinary shares outstanding during the period The weighted average number of shares outstanding for the current period and the corresponding period of the previous year is 36,954,212 shares (where the total number of shares is 37,070,000, less the effect of 115,788 treasury shares held) |
