| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 256,780,310 | 246,083,141 | 4.35 | ||
| Gross Profit (Loss) | 14,061,251 | 11,631,813 | 20.89 | ||
| Operational Profit (Loss) | -26,488,821 | -7,625,429 | 247.37 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -28,942,394 | -9,785,157 | 195.78 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -29,057,230 | -9,798,933 | 196.53 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 102,814,407 | 131,871,637 | -22.03 | ||
| Profit (Loss) per Share | -3.55 | -1.2 | |||
| 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 | 7,630,799 | 9.3 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | Sales of Leen Al-Khair Trading Company increased by SAR 10,697,169 compared to the previous year. This growth is primarily attributed to the continued expansion in the volume of vegetables and fruits sold during the year, reflecting the company’s sustained sales growth. This performance is the result of a strategic focus on a diversified range of fresh produce, in addition to the expansion of the customer base. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The increase in the net loss for the year 2025 by SAR 19,157,237 compared to the previous year is mainly attributable to the following: Recording of an expected credit loss provision amounting to SAR 22,762,803 during the current year compared to SAR 750,000 in the prior year, representing an increase of SAR 22,012,803. This provision mainly relates to expected credit losses on balances due from related parties amounting to SAR 20,966,331, expected credit losses on other receivables amounting to SAR 1,056,752, and expected credit losses on trade receivables amounting to SAR 739,720. An increase in finance costs by SAR 592,540 as a result of obtaining new financing during the year and the increase in lease liabilities balances. An increase in operating expenses included within cost of sales by SAR 5,976,492, primarily due to higher salaries and wages expenses, depreciation of right-of-use assets, and depreciation of property, plant, and equipment. It is noted that the Group is not subject to zakat for the current financial year, except for zakat differences amounting to SAR 15,576. |
| 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) | We draw attention to Note 33 in the consolidated financial statements, where we have reviewed prior period adjustments that were applied to restate the 2024 consolidated financial statements. In our opinion, these adjustments are appropriate and have been properly applied. We were not engaged to audit, review, or perform any procedures on the Group’s 2024 consolidated financial statements. |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the presentation adopted for the year ended 31 December 2025. In addition, retrospective prior period adjustments have been made to the consolidated financial statements for the year ended 31 December 2024. These adjustments mainly include the following: Revision of the useful lives of leasehold improvements. Adjustment of the capitalization of borrowing costs related to land. Reassessment of lease terms and adjustment of right-of-use assets and lease liabilities. Recognition of impairment provisions for biological assets. Adjustment of defined employee benefit obligations to include all employees. Change in inventory costing method from weighted average cost to first-in, first-out (FIFO) on a retrospective basis. |
| Additional Information | Earnings (loss) per share for the two years presented have been calculated based on 8,159,560 shares. The basic and diluted loss per share for the current period amounted to SAR (3.55), compared to a loss per share of SAR (1.20) in the previous yea |
