| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 11,636,012 | 13,687,903 | -14.99 | 14,300,926 | -18.634 |
| Gross Profit (Loss) | 3,588,075 | 6,248,354 | -42.575 | 6,309,909 | -43.135 |
| Operational Profit (Loss) | -3,403,290 | -108,524 | 3,035.979 | 402,831 | - |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -4,357,465 | -980,363 | 344.474 | -341,938 | 1,174.343 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -32,500,268 | -11,087,832 | 193.116 | 11,326,729 | - |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 444,717,468 | 465,346,957 | -4.433 |
| Profit (Loss) per Share | -0.016 | -0.004 | |
| 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 | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Actual) 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 reason for the decline in revenues during the current quarter compared to the corresponding quarter of the previous year is due to the following: 1- The Company recoreded losses from its share of results of an associate during Q1-2026 amounting to SAR 2.2 million, compared to a profit of SAR 0.7 million in Q1-2025. 2- The Company received dividends from equity instruments at fair value through comprehensive income amounted to SAR 0.8 million during Q1-2026, compared to SAR 1.4 million in Q1-2025. Despite the following: 1- Sales increased by 13%, reaching SAR 13 million during Q1-2026, compared to SAR 11.5 million in Q1-2025. |
| 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 reason for the increase in net loss during Q1-2026, compared to the net loss in Q1-2025, is mainly due to the following: 1- The Company recoreded losses from its share of results of an associate during Q1-2026 amounting to SAR 2.2 million, compared to a profit of SAR 0.7 million in Q1-2025. 2- The Company received dividends from equity instruments at fair value through comprehensive income amounted to SAR 0.8 million during Q1-2026, compared to SAR 1.4 million in Q1-2025. 3- Selling, distribution, general, administrative, and other expenses, increased by 9.4%, reaching SAR 7.0 million in Q1-2026, compared to SAR 6.4 million in Q1-2025. 4- Zakat expense increased by 13% during Q1-2026, reaching SAR 0.9 million, compared to SAR 0.8 million during Q1-2025. Despite the following: 1- Sales increased by 13%, reaching SAR 13 million in Q1-2026, compared to SAR 11.5 million in Q1-2025. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the decline in revenues during the current quarter compared to the previous quarter is due to the following: 1- The Company recoreded losses from its share of results of an associate during Q1-2026 amounting to SAR 2.2 million, compared to a profit of SAR 1.6 million in Q4-2025. Despite the following: 1- The Company received dividends from equity instruments at fair value through comprehensive income amounted to SAR 0.8 million during Q1-2026, compared to no dividends received in Q4-2025. 2- Sales increased by 2.4%, reaching SAR 13 million during Q1-2026, compared to SAR 12.7 million in Q4-2025. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reason for the increase in net loss during Q1-2026, compared to the net loss during Q4-2025, is mainly due to the following: 1- The Company recoreded losses from its share of results of an associate during Q1-2026 amounting to SAR 2.2 million, compared to a profit of SAR 1.6 million in Q4-2025. 2- Selling, distribution, administrative, general, and other expenses increased by 23.2%, reaching SAR 7 million in Q1-2026, compared to SAR 5.7 million in Q4-2025. Despite the following: 1- The Company received dividends from equity instruments at fair value through comprehensive income amounted to SAR 0.8 million during Q1-2026, compared to no dividends received in Q4-2025. 2- Sales increased by 2.4%, reaching SAR 13 million during Q1-2026, compared to SAR 12.7 million in Q4-2025. |
| Statement of the type of external auditor's report | Other Matter |
| 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 interim condensed consolidated financial statements for the three months period ended March 31, 2025 were reviewed by another auditor, who expressed an unmodified conclusion on those interim condensed consolidated financial statements on May 22, 2025 (corresponding to Thul Al-Qi'dah 24, 1446H). |
| Reclassification of Comparison Items | N/A |
| Additional Information | - |
