| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 75,782,722 | 64,469,729 | 17.547 | 74,668,247 | 1.492 |
| Gross Profit (Loss) | 22,986,104 | 19,874,432 | 15.656 | 22,041,464 | 4.285 |
| Operational Profit (Loss) | 10,554,886 | 7,692,645 | 37.207 | 9,893,068 | 6.689 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 10,946,919 | 8,007,720 | 36.704 | 9,734,704 | 12.452 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 11,149,954 | 8,303,040 | 34.287 | 9,409,550 | 18.496 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 220,405,562 | 189,102,516 | 16.553 |
| Gross Profit (Loss) | 69,781,450 | 55,156,175 | 26.516 |
| Operational Profit (Loss) | 32,553,582 | 23,639,409 | 37.708 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 34,741,509 | 25,389,495 | 36.834 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 34,661,888 | 26,067,389 | 32.97 |
| Total Shareholders Equity (after Deducting Minority Equity) | 160,166,480 | 128,059,177 | 25.072 |
| Profit (Loss) per Share | 0.59 | 0.43 | |
| 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 | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue increased by 17.55% to reach SR 75.78 million during the current quarter compared to the similar quarter of last year, primarily as a result of securing new projects and materialisation of more revenue from existing projects. |
| 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 Company achieved a net profit attributable to the equity holders of the Company of SR 10.95 million during the current quarter, increased by SR 2.94 million (36.70%) as compared to the similar quarter of last year. The Group’s overall net profit increased by SR 1.96 million (22.33%) as compared to the similar quarter of last year to reach SR 10.76 million. This increase is mainly driven by the following: -Increase in gross profit by SR 3.11 million as a result of increase in revenue. - Decrease in zakat and income tax expenses by SR 0.35 million. Despite: - Increase in operating expenses by SR 0.25 million. - Decrease in share of result from Investments in associates by SR 0.42 million. - Increase in finance cost by SR 0.08 million. - Decrease in other income by SR 0.75 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue increased by 1.49% to reach SR 75.78 million during the current quarter compared to the previous quarter, primarily as a result of securing new projects and materialisation of more revenue from existing projects. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The Company achieved a net profit attributable to the equity holders of the Company of SR 10.95 million during the current quarter, increased by SR 1.21 million (12.45%) as compared to the previous quarter. The Group’s overall net profit increased by SR 0.22 million (2.14%) as compared to the previous quarter to reach SR 10.76 million. This increase is mainly driven by the following: - Increase in gross profit by SR 0.94 million as a result of increase in revenue. - Increase in share of result from Investments in associates by SR 0.18 million. Despite: - Increase in operating expenses by SR 0.28 million. - Increase in finance cost by SR 0.01 million. - Decrease in other income by SR 0.47 million. - Increase in zakat and income tax expenses by SR 0.14 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenue increased by 16.55% to reach SR 220.41 million during the current period compared to the similar period of last year, primarily as a result of securing new projects and materialisation of more revenue from existing projects. |
| 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 achieved a net profit attributable to the equity holders of the Company of SR 34.74 million during the current period, increased by SR 9.35 million (36.83%) as compared to the similar period of last year. The Group’s overall net profit increased by SR 7.89 million (29.39%) as compared to the similar period of last year to reach SR 34.74 million. This increase is mainly driven by the following: - Increase in gross profit by SR 14.63 million as a result of increase in revenue. - Decrease in finance cost by SR 0.14 million. - Increase in other income by SR 0.76 million. - Decrease in zakat and income tax expenses by SR 0.92 million. Despite: - Increase in operating expenses by SR 5.71 million. - Decrease in share of result from Investments in associates by SR 2.84 million. |
| 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) | - |
| Reclassification of Comparison Items | - |
| Additional Information | - |