| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 35,648,377 | 23,451,649 | 52.007 | ||
| Net profit (Loss) | -1,907,726 | 316,989 | - | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 45,963,335 | 46,648,714 | -1.469 | ||
| Profit (Loss) per Share | -0.08 | 0.02 | |||
| All figures are in (Actual) 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 (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| 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 company achieved a 52% increase in sales in June 2025 compared to the same period in 2024, with sales rising from SAR 23.4 million to SAR 35.6 million, reflecting an increase of SAR 12.2 million. This growth is attributed to: Higher domestic sales, driven by the expansion of internal sales sectors and new government contracts that positively impacted revenue. Growth in export sales, as entry into new markets significantly contributed to increased sales volume. |
| 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 company recorded a loss of SAR 1.9 million, compared to a profit of SAR 316 thousand during the same period of the previous year. This loss is primarily attributed to several factors related to the strategic expansion phase the company has embarked on, including: High capital and operating costs associated with the new service centers, coupled with weak initial revenues from those centers. Increased capital and operating expenses related to the retail sales operations through sales representatives, amid intense market competition. In addition, rising operating and raw material costs—while sales prices remained unchanged—have placed further pressure on profit margins. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Not applicable |
