| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 84,817,324 | 66,643,647 | 27.27 | ||
| Gross Profit (Loss) | 25,420,865 | 23,589,388 | 7.76 | ||
| Operational Profit (Loss) | 16,362,940 | 14,399,378 | 13.64 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 13,829,820 | 12,173,717 | 13.6 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 13,594,981 | 12,243,162 | 11.04 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 87,481,630 | 37,686,588 | 132.13 | ||
| Profit (Loss) per Share | 5.6 | 6.09 | |||
| 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 year compared to the last year | The growth in sales and revenue is attributable to several key strategic initiatives, including: Strengthening Customer Trust and Relationships: Which significantly enhanced retention rates, increased order volumes from the existing clientele, and successfully penetrated new market segments. Product Development and Solution Expansion: By introducing refrigerated units with diverse specifications and dimensions, alongside bespoke solutions. This has heightened product appeal and effectively elevated the Average Invoice Value (AIV). Enhancing Production Capacity and Operational Efficiency: Through strategic investment in equipment and the optimization of procedural workflows. These measures enabled the company to fulfill orders with greater speed and efficacy, while ensuring production continuity and supply chain resilience through the provision of adequate liquidity for raw material procurement. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Given the consistency of the Gross Profit Margin, the appreciation in Net Profit is primarily attributable to the expansion in revenue and sales aggregate, rather than a material optimization in profitability margins. This revenue trajectory is a direct manifestation of the aforementioned initiatives—encompassing the fortification of relationships, product portfolio advancement, and the augmentation of production efficacy and supply chain management. Collectively, these catalysts yielded superior operational results, which ultimately culminated in the reported Net Profit. |
| 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) | Nothing |
| Reclassification of Comparison Items | Scrap sales have been reclassified from 'Revenue' to 'Other Income' for the 2024 comparative period. |
| Additional Information | - |
