Element List	Current Year	Previous Year	%Change
Sales/Revenue	461,297,328	460,105,865	0.26
Gross Profit (Loss)	115,837,921	123,655,490	-6.32
Operational Profit (Loss)	41,330,416	36,068,205	14.59
Net Profit (Loss) Attributable to Shareholders of the Issuer	33,781,506	39,136,831	-13.68
Total Comprehensive Income Attributable to Shareholders of the Issuer	34,376,251	38,655,199	-11.07
Total Shareholders Equity (after Deducting Minority Equity)	383,072,257	361,196,006	6.06
Profit (Loss) per Share	0.14	0.16
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	Sales of pipes increased by 1% and other materials (recycled materials) by 46%
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The discount rate on raw material purchases decreased due to lower purchases from SABIC, in addition to incidental gains from the sale of investments in 2024.
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	Some comparative figures have been reclassified to conform to the presentation of the current year's financial statements.
Additional Information	-