| 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 reason for the decrease in sales during the current quarter compared to the same quarter of the previous year is mainly due to a decrease in production volume affected by a decrease in cash liquidity. |
| 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 increase in net losses during the current quarter compared to the same quarter of the previous year is mainly due to a decrease in production volume, which led to a decrease in sales. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | "The reason for the decrease in sales during the current quarter compared to the previous quarter is mainly due to a decrease in production volume affected by a decrease in cash liquidity." |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reason for the decrease in net loss during the current quarter compared to the previous quarter is mainly due to reduction in operating expenses, while sales were affected by lower production volume. |
| 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) | "1- Emphasis of matter: We draw attention to Note 4.1 to the financial statements, which describes the non-compliance with a covenant related to outstanding loans and borrowings with a bank as at March 31, 2026. Management is in discussions with the financial institution to obtain a waiver and expects such waiver to be granted for future periods in accordance with the agreement. Our opinion is not modified in respect of this matter. 2-Material uncertainty related to going concern: As disclosed in note 2.3 to the consolidated financial statements, the accumulated losses of the Company as of March 31, 2026, is SR 104.76 million ( December 31, 2025: SR 93.96 million), which exceeded 50% of its share capital. This condition, along with other indicators, indicate that a material uncertainty exists that may cast significant doubt about the Company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter" |
| Reclassification of Comparison Items | Not Applicable |
| Additional Information | "Naseej Company announces that its accumulated losses have reached (104.76 ) million riyals as of March 31, 2026, at a rate of (96.13%) of its capital. Procedures and Instructions Applicable on Companies Listed in Saudi Capital Market Whose Accumulated Losses Reach 20% or more out of the Capital Thereof will be Applied.The specified dates have also been clarified in accordance with Article 132 of the Companies Law in the company's announcement dated October 30, 2025, regarding the preliminary financial results for the period ending on 2025-09-30 (nine months)." |
