| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The reason of the increase in revenues during the current year compared to the last year by 2 % is due to the increase in sales volume and the acquisition of some new projects. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for the increase in the net profits of the current period compared to last year by 70% is due to a significant improvement in operating costs, and a decrease in financing expenses. It is worth noting that net profits, excluding investment properties gains, increased by 108 % in the current year compared to the previous year, as the net profit of the same period of the previous year included profits from sales of investment properties by 47.7 million riyals. |
| 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) | No |
| Reclassification of Comparison Items | Certain figures of comparatives have been reclassified to conform to the current presentation. |
| Additional Information | No |
