| 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 14% increase in revenues during the current quarter compared to the same quarter of the previous year is attributed to the growth in the contracting sector's business volume, along with higher sales in the cement sector due to increased demand and geographic expansion, as well as the rise in sales of modern building materials (M2 panels). |
| 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 company’s net loss during the current quarter, compared to a net profit in the same quarter of the previous year, is mainly attributable to higher cost of revenue, particularly costs related to the contracting segment. The results were also impacted by an increase in operating, general, and selling expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The 26% increase in the company’s revenues during the current quarter compared to the previous quarter is primarily attributable to higher sales in the contracting, cement, and modern building materials (M2 panels) segments. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net loss decreased by 76.56% during the first quarter of the current year compared to the previous quarter, driven by a 26% increase in revenues supported by higher contributions from the contracting, cement, and modern building materials (M2 panels) segments. The improvement was also supported by a reduction in general and administrative expenses, lower financing costs, and the absence of credit loss provisions that were recorded in the previous quarter. |
| 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) | None |
| Reclassification of Comparison Items | The comparison figures have been re-tabulated to align with the current tabulation for the Three -month period ending on 31-03-2025 |
| Additional Information | - |