Element List	Current Year	Previous Year	%Change
Sales/Revenue	400,848,314	430,764,470	-6.94
Gross Profit (Loss)	31,028,157	39,742,209	-21.93
Operational Profit (Loss)	12,148,957	23,122,321	-47.46
Net Profit (Loss) Attributable to Shareholders of the Issuer	611,264	10,684,446	-94.28
Total Comprehensive Income Attributable to Shareholders of the Issuer	1,131,704	16,724,478	-93.23
Total Shareholders Equity (after Deducting Minority Equity)	89,237,655	93,085,951	-4.13
Profit (Loss) per Share	0.1	1.78
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	-	-
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 decrease in sales by 7% during the current year compared to the previous year is primarily attributable to a decrease in revenues from the steel fabrication segment, followed by a decrease in revenues from the steel coils segment.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The decrease in net profit for the current year compared to the previous year is mainly attributable to the decrease in revenues from the steel fabrication segment, followed by the steel coils segment. This was further impacted by fluctuations in steel selling prices and delays in the commencement of certain projects within the steel fabrication segment, which led to a reduction in the profit margins of the final products.
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)	None
Reclassification of Comparison Items	None
Additional Information	-