| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The decrease in revenues during the fiscal year 2025 compared to the fiscal year 2024 is primarily attributable to the decline in revenues from the printing and packaging segments. The revenues of these segments were impacted by market changes, resulting in a contraction of business volume in both segments during the year. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The primary reason for the increase in net loss during the fiscal year 2025 is the decrease in gross profit driven by lower sales. Additionally, this is attributed to recording provisions and asset impairments totaling SAR 132.4 million, which included the impairment of goodwill, impairment of machinery and equipment, and the recognition of a provision for Expected Credit Losses (ECL) on trade receivables. |
| 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) | NA |
| Reclassification of Comparison Items | Certain figures for the comparison period have been reclassified to conform with the presentation for the current period. |
| Additional Information | Sales during the current year amounted to SAR 572.96 million, compared to SAR 721.20 million for the similar period of the previous year, representing a decrease of 20.55%. Total Shareholders' Equity (no minority interest) during the current period amounted to SAR 12.28 million, compared to SAR 281.41 million for the similar period of the previous year, representing a decrease of 95.64%. Accumulated losses as of December 31, 2025, amounted to SAR (590.30) million, representing (98.38%) of the company’s share capital of SAR 600 million. |
