| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 80,852 | 70,952 | 13.95 | ||
| Gross Profit (Loss) | 18,135 | 10,279 | 76.43 | ||
| Operational Profit (Loss) | 11,013 | 5,938 | 85.47 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 7,533 | 2,692 | 179.83 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 7,177 | 2,546 | 181.89 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 59,899 | 52,722 | 13.61 | ||
| Profit (Loss) per Share | 2.6 | 0.93 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Thousands) 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 | The 14% increase in revenue this year compared to the previous year is attributed to several key factors, most notably: 1. A 40.86% increase in ready-mix concrete sales – the core business – 2. An 83.20% increase in sales by the subsidiary, Sadan Company 3. Expansion in business volume and customer base, which contributed to increased sales volume. 4. Improved operational efficiency, which positively impacted operational performance. 5. Expansion of the company's assets and enhanced operational capabilities, which supported business growth and increased revenue. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The 179.8% increase in net profit this year compared to the previous year is attributed to several key factors, most notably: 1. Increased company revenue. 2. Improved operational efficiency, which contributed to enhanced financial performance and positively impacted profit margins. 3. Enhanced integration with Sadan Industrial Company, which led to reduced operating costs. |
| 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) | nothing |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified and reclassified to conform to the current year presentation. |
| Additional Information | - |
| Attached Documents | Attached Documents |
