| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 72,927,482 | 67,935,359 | 7.35 | ||
| Gross Profit (Loss) | 20,754,046 | 21,768,153 | -4.66 | ||
| Operational Profit (Loss) | 5,735,071 | 10,724,883 | -46.52 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 5,508,063 | 10,169,359 | -45.84 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 5,190,557 | 9,807,183 | -47.07 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 117,351,218 | 112,160,661 | 4.63 | ||
| Profit (Loss) per Share | 0.69 | 1.27 | |||
| 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 year compared to the last year | The increase in revenue during the current year by 7.348% compared to the previous year is mainly attributable to geographic expansion, growth in the customer base, the introduction of new products within the Company’s portfolio, and improved demand levels for core products, which collectively supported sustainable revenue growth. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The decrease in net profit during this year compared to the previous year is attributed to strategic investments aimed at supporting future growth, including the increase in depreciation expenses resulting from capital expenditures, due to the capitalization of the expansion project amounting to approximately SAR 32 million, particularly the fully cooked shawarma production line. The investments also included strengthening the company’s leadership structure with the aim of building a scalable foundation that supports long-term growth. In addition, exceptional costs were recorded related to professional fees associated with the plan to transition to the main financial market. The company believes that these factors represent an investment phase, as these expenses are of a non-recurring nature, and it expects a positive impact on financial and operational performance, including revenue growth and profit margins. |
| 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) | There are no qualifications, material emphasis of matter, disclaimer of opinion, or adverse opinion as stated in the external auditor’s report. |
| Reclassification of Comparison Items | Not applicable. |
| Additional Information | Basic earnings per share were calculated by dividing net profit by the number of outstanding shares as of the end of 2025 (8,000,000 shares), where earnings per share for 2025 amounted to SAR 0.69, compared to SAR 1.27 for 2024, representing a decrease of 45.67%. The company has completed the second phase of the expansion project, with approximately SAR 32 million capitalized, representing the remaining portion of the project. New production lines were supplied and installed, in addition to the development and improvement of existing production lines, which contributed to increasing production capacity and improving operational efficiency. The company has begun implementing the third phase of the expansion project, which covers a total area of 9,535 square meters, in line with its long-term growth strategy. The company aims to achieve double-digit revenue growth in 2026. This growth will be driven by the expansion of fully cooked shawarma products and tender chicken products. Growth will also be supported by increased penetration in retail channels, the hospitality sector (HORECA), and distribution channels. Enhanced operational capabilities and organizational structure strengthen the company’s ability to capitalize on these opportunities. The company has strong potential to translate these investments into improved financial performance and sustainable value for shareholders. |
