| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 73,874 | 168,235 | -56.088 | 95,864 | -22.938 |
| Gross Profit (Loss) | -13,062 | 4,075 | - | -10,118 | 29.096 |
| Operational Profit (Loss) | -43,835 | -17,146 | 155.657 | -34,031 | 28.809 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -68,132 | -20,278 | 235.989 | -54,827 | 24.267 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -69,811 | 5,081 | - | -55,043 | 26.829 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 169,738 | 351,001 | -51.641 |
| Gross Profit (Loss) | -23,180 | 17,282 | - |
| Operational Profit (Loss) | -77,866 | -23,911 | 225.649 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -122,959 | -9,618 | 1,178.425 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -124,854 | 30,699 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 724,945 | 913,305 | -20.623 |
| Profit (Loss) per Share | -2.76 | -0.22 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The decline in sales for the current quarter compared to the same quarter of last year is primarily driven by a slowdown in demand, as a result of postponing certain projects, along with disruption to the sales and import of raw materials due to supply chain and logistics challenges in the region, this deferral may have a positive impact on the sales for the coming periods. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The majority of the losses recorded in the current quarter of 2026 are attributed to: • Sales decreased in the second quarter of this year compared to the same quarter of the previous year. • Higher raw material prices due to supply chain disruptions caused by the geopolitical conditions. • Losses arising from investment in foreign companies. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The continued decline in sales this quarter compared to the last quarter is primarily driven by a slowdown in demand, as a result of postponing certain projects, along with disruption to the sales and import of raw materials due to supply chain and logistics challenges in the region, this deferral may have a positive impact on the sales for the coming periods. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The majority of the losses recorded in the current quarter of 2026 compared to the previous one are attributed to: • Sales continued to decrease in the second quarter of this year compared to the previous quarter. • Higher raw material prices due to supply chain disruptions caused by the geopolitical conditions. • Losses arising from investment in foreign companies. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The decline in sales this period compared to the same period of the last year is primarily driven by a slowdown in demand, as a result of postponing certain projects, along with disruption to the sales and import of raw materials due to supply chain and logistics challenges in the region, this deferral may have a positive impact on the sales for the coming periods. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The majority of the losses recorded in the current period compared to the similar period of the previous year, mostly due to: • Sales decreased in the current period of this year compared to the similar period of the previous year. • Higher raw material prices due to supply chain disruptions caused by the geopolitical conditions. • Losses arising from investment in foreign companies. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | - The loss per share for the six-month period ending June 30, 2026, was SAR (2.76), calculated by dividing the net loss attributable to the shareholders of the company, amounting to SAR (122.96) million, by the average number of shares of 44,512,412 shares. For the six-month period ending June 30, 2025, the loss per share was SAR (0.22), calculated by dividing the net loss attributable to the shareholders of the company, amounting to SAR (9.6) million, by the average number of shares of 44,512,412 shares. - Regarding the calculation of earnings per share, it was computed according to International Accounting Standard 33 "Earnings per Share, the earnings per share for the six-month period ending June 30, 2026, were calculated based on the number of shares, which amounts to 44,550,000 adjusted by deducting the number of shares from the employee share option plan, which amounts to 37,588 shares. |