premargin

Element List	Current Year	Previous Year	%Change
Sales/Revenue	430,764,470	409,078,582	5.3
Gross Profit (Loss)	39,742,209	30,226,579	31.48
Operational Profit (Loss)	23,122,321	16,806,268	37.58
Net profit (Loss)	10,684,446	4,814,511	121.92
Total Comprehensive Income	16,724,478	11,217,357	49.09
Total Shareholders Equity (after Deducting Minority Equity)	93,085,951	80,861,473	15.12
Profit (Loss) per Share	1.78	0.8
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 increase of 5% in revenue as compared to last year is mainly due to the positive contribution and the revenue growth of steel Coils sector
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The reason for the increase in net profit for the year 2024 compared to the previous year 2023 mainly is due to the increase in the revenue and profit margins for the final product in the Fabrication and steel Coils sectors. Total Comprehensive Income increased by 49% for the year 2024 compared to the previous year 2023.
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)	OTHER MATTER The financial statements of the Company for the year ended 31 December 2023 were audited by another auditor,who expressed an unmodified opinion dated 21 March 2024.
Reclassification of Comparison Items	-
Additional Information	-

Bena Steel Industries Co. announces its Annual Financial results for the period ending on 2024-12-31