| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The 31% decrease in sales for the current quarter of 2025 compared to the same quarter of 2024 is attributed to lower prices and sales volumes of the company's French fries , pasta, and breakfast cereal products, despite higher prices and sales volumes of products from the meat factory |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The reason for the net loss incurred in the current quarter of 2025, compared to a net profit in the same quarter of 2024, is attributed to a 31% decrease in the company's sales. This was compounded by the company incurring fixed costs for the period, as well as increased shipping and transportation costs due to higher fuel prices, which led to a rise in the overall cost of production. Additionally, general and administrative expenses, expected credit loss provision, zakat provision, and financing costs all increased, despite a 50% rise in other income and a 3% decrease in selling and marketing expenses compared to the same period in 2024. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase in sales for the current quarter of 2025 compared to the previous quarter of 2025 is attributed to a 135% increase in the company's sales volume of meat factory products compared to the previous quarter, which led to a decrease in production costs. Additionally, sales volumes of potato fingers and pasta products increased by 60% and 154% respectively, despite a decrease in the selling prices of some other products |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The decrease in net losses for the current quarter of 2025 compared to the previous quarter of 2025 is due to a 130% increase in sales compared to the previous quarter, a 29% decrease in selling and distribution expenses resulting from the restructuring of the sales and customer department, and an 8% decrease in general and administrative expenses compared to the |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The 23% decrease in sales for the current period of 2025 compared to the same period in 2024 is attributed to a seasonal increase in the raw potato harvest and a rise in imports of French fries. This led to a 34% decrease in both the company's French fries prices and sales volume. Additionally, the entry of new competitors into the pasta market, compared to the same period last year, resulted in a 24% decrease in pasta sales volume. These combined factors led to a 29% decrease in sales at the pasta factory and a 35% decrease at the vegetable factory, resulting in the overall decline in sales for the current period, despite a 162% increase in meat factory sales compared to the same period in 2024 |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The reason for achieving net losses for the current period of 2025 compared to achieving net profits in the same quarter of 2024 is due to a decrease in sales by 23%, with an increase in the ratio of production costs to sales by 16%, and an increase in selling and marketing expenses by 31% as a result of restructuring the sales department and increasing marketing campaigns and discounts for customers, as well as an increase in general and administrative expenses by 14%, a decrease in the gains from the valuation of investments at fair value by 36%, and the achievement of losses from the company’s investment in vital assets amounting to 2.4 million riyals, and a decrease in the item of other revenues by 59%, despite a decrease in credit loss expense by 21% compared to the same period of the previous year, as well as a decrease in the provision for zakat expense by 47%. |
| 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | N/A |
