| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 148,231,293 | 110,802,879 | 33.78 | ||
| Gross Profit (Loss) | 43,492,366 | 28,446,295 | 52.89 | ||
| Operational Profit (Loss) | 18,108,238 | 11,665,323 | 55.23 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 10,496,888 | 10,269,131 | 2.22 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 9,881,000 | 8,970,652 | 10.15 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 96,050,512 | 93,869,512 | 2.32 | ||
| Profit (Loss) per Share | 0.14 | 0.13 | |||
| 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 | Revenues increased during the year 2025 to reach SAR 148.2 million, achieving a growth rate of 34% compared to the previous year, which reflects the positive impact of the expansion and transformation initiatives adopted by the Company since the beginning of 2024, contributing to strengthening operational performance and expanding the scope of business. The main reasons for this growth are as follows: 1 - Securing new contracts through the Company’s branches in Jubail, Riyadh, and Tabuk, which contributed to expanding the customer base and strengthening presence in the targeted markets. 2 - Winning new government tenders, which supported sales volume and contributed to increasing revenues. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit for the year 2025 also increased to reach SAR 10.5 million, achieving a growth rate of 2% compared to the previous year. Although the growth in net profit was limited, gross profit recorded a significant increase of 53%, driven by revenue growth and improved operational efficiency. On the other hand, net profit during the year was impacted by several non-operating factors, which included: 1 - Recording the costs of transitioning to the Main Market TASI as non-recurring and one-off expenses. 2 - Investment portfolio losses resulting from market conditions, which were reflected in net profit for the year. |
| 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 | None |
| Additional Information | The Company reaffirms its continued commitment to implementing its expansion-driven transformation plan through a clearly defined framework focused on entering new markets, diversifying revenue streams, and enhancing operational efficiency to ensure sustainable growth and the creation of long-term shareholder value. This is supported by a disciplined financial framework and effective operational practices that reinforce performance stability and sustainability across varying economic conditions. The plan’s initiatives have contributed to the achievement of tangible financial and operational results during the period from 2023 to 2025, with the Company recording accelerated growth across key performance indicators, represented by: 1. Revenue growth of 48% 2. Gross profit increase of 38% 3. Operating profit growth of 14% 4. Growth in net cash flows from operating activities of 56% These results affirm the strength of the Company’s business model, the effectiveness of its adopted direction, and its ability to maintain a sound balance between growth, operational efficiency, and financial performance. This further strengthens its competitive position and supports the sustainability of its performance over the medium and long term. |
| Attached Documents | Attached Documents Attached Documents Attached Documents |
