| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The increase in sales during the current year compared to last year is attributed to the addition of new and diverse departments, products, categories, and services distinguished by high quality and competitiveness, effectively meeting consumer needs. This growth is also driven by the notable and continuous improvement in the performance of the Company’s other sectors, particularly the sales of E-Commerce platform. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for achieving profits during the current year compared to losses in last year is due to growth in sales, improvement in gross profit, and reduction in finance cost, in addition to realizing gain from sale of an investment property. |
| 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 | Comparative period figures have been reclassified to conform with current period classification numbers |
| Additional Information | It should be noted that the profits for the current year include a non-recurring gain of SAR 42.2 million from the sale of an investment property, which was offset by exceptional amortization expenses related to the E-commerce platform amounting to SAR (16.3) million, resulting in a net exceptional gain of SAR 25.9 million. The net profit before the above-mentioned non-recurring and exceptional items amounted to SAR 19.7 million. Accordingly, the total net profit for the current year, including exceptional and non-recurring items, is SAR 45.6 million. |
