Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	360,301	133,830	169.222	325,264	10.771
Gross Profit (Loss)	49,896	23,205	115.022	70,143	-28.865
Operational Profit (Loss)	34,236	11,745	191.494	40,294	-15.034
Net Profit (Loss) Attributable to Shareholders of the Issuer	28,696	6,521	340.055	38,055	-24.593
Total Comprehensive Income Attributable to Shareholders of the Issuer	28,696	6,521	340.055	40,122	-28.478
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	1,886,247	747,020	152.502
Profit (Loss) per Share	0.22	0.67
All figures are in (Thousands) 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 (Thousands) 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	Alramz Real Estate Company achieved growth in revenues during Q1 2026, with revenues reaching SAR 360.3 million, representing a year-on-year increase of 169.2% compared to SAR 133.8 million in Q1 2025. This growth was driven by strong performance across the Company's core operating segments, with sales of owned residential units growing by 352.9%, off-plan sales growing by 30.9%, and leasing revenues growing by 128.6% year-on-year. Revenue growth was further supported by the sale of a project under development to Oud Private Real Estate Fund 2, covering a plot in the Firdous district of Jeddah for SAR 215.1 million.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit reached SAR 28.7 million in Q1 2026, compared to SAR 6.5 million in Q1 2025, representing an increase of 340.0%. This growth was driven by higher total revenues from residential unit sales, off-plan sales, and leasing segments, improved margins in the third-party real estate development segment, as well as the completion of the sale of a project under development to Oud Real Estate Private Fund 2 for SAR 215.1 million.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Revenues increased by 10.8% compared to Q4 2025, driven by higher off-plan sales revenues and the completion of the sale of a project under development to Oud Real Estate Private Fund 2.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit declined compared to the previous quarter, due to several factors, most notably the absence of a valuation of the Company's stakes in real estate funds, as such valuations are conducted on a semi-annual basis, in addition to seasonal factors — chief among them the impact of the holy month of Ramadan and the Eid holiday during Q1 2026.
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	Certain comparative figures have been reclassified to conform with the presentation of the current period.
Additional Information	None
Attached Documents	Attached Documents