| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The reason of the increase in revenues during the current year compared to the last year by 14.9% is attributed to the growth in short-term and long-term rental revenues by 18.5%, driven by the increase in the number of rented vehicles. In addition, the rise in used car sales by 3.7%, due to a higher number of vehicles sold, contributed to this growth. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason of the slight decrease in the net profit during the current year compared to the last year by 1.3% is attributed to a marginal decrease in fleet utilization rates within the rental segment, in addition to the increase in expected credit loss provision, in line with the change in credit risk levels in the market. |
| 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) | Not applicable |
| Reclassification of Comparison Items | Certain prior year amounts have been reclassified to conform to the presentation in the current year |
| Additional Information | Not applicable |
