| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenues for the current quarter increased by 37% compared to the corresponding quarter of the previous year, mainly due to a 65% increase in the contracting segment as a result of the expansion in executed projects during the quarter, in addition to a 78% increase in precast concrete panel sales. |
| 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 incurring a net loss during the current quarter, compared to achieving a net profit in the corresponding quarter of the previous year, is mainly due to the increase in cost of revenue. The results were also impacted by higher operating, general, and selling expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenues for the current quarter increased by 5% compared to the previous quarter, mainly driven by a 15% increase in concrete sales and a 2% increase in contracting revenues, in addition to a 5% growth in panel sales, which collectively contributed to the overall increase in total revenues. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The Company incurred a net loss of SAR 454 thousand during the current quarter; however, these losses are lower compared to the previous quarter’s losses of SAR 2.57 million. This improvement in results is mainly attributed to the higher gross profit margin driven by increased revenues during the current quarter, in addition to enhanced control over operating, administrative, and selling and distribution expenses, which collectively contributed to reducing the overall losses. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenues for the current period increased by 39% compared to the corresponding period of the previous year, mainly driven by significant growth of 184% in the contracting segment as a result of the expansion in project volumes executed during the period, in addition to a 56% increase in precast concrete panel sales. Conversely, the ready-mix concrete segment recorded a slight decrease of 5%, and the cement segment declined by 4%; however, the strong performance in the other segments collectively contributed to the overall growth in total revenues. |
| 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 Company recorded a net loss of SAR 8.1 million during the current period, compared to a net profit of SAR 2.0 million in the corresponding period of the previous year, representing a decline of SAR 10.4 million, or 511%. This decrease is mainly attributable to the increase in the cost of revenue at a rate exceeding the growth in revenues, in addition to higher operating, administrative, and selling and distribution expenses resulting from the expansion of operations. Furthermore, a slight increase in finance costs also contributed to the erosion of the profit margin and the shift from profitability to a net loss during the current period. |
| 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) | None |
| Reclassification of Comparison Items | For presentation purposes, certain comparative figures have been reclassified to align with the presentation of the condensed consolidated interim financial statements as at September 30, 2025. |
| Additional Information | - |
