| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The 19.9% increase in revenue, reaching SAR 250.1 million compared to SAR 208.5 million, was primarily driven by higher sales volumes in the paper manufacturing segment as a result of increased production capacity following the commissioning of Production Line No. 5, in addition to an improvement in average selling prices |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit increased to SAR 50.3 million, compared to SAR 13.9 million, primarily due to higher revenue and an improvement in the gross profit margin to 34.43%, driven by increased production capacity following the commissioning of Production Line No. 5 and an improvement in the average profit margin per ton. The increase was also supported by lower selling and administrative expenses, a reduction in the impairment provision for trade receivables, and higher earnings from the Company's share of results of its associate, Additionally, the increase was attributable to the recognition of a foreign exchange loss on a foreign currency loan during the corresponding quarter of the previous year, as well as higher other income recorded during the current quarter |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue recorded a slight decline of 0.5%, reaching SAR 250.1 million compared to SAR 251.4 million in the previous quarter, as the Company maintained a steady pace of sales |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit increased by 47.4% to SAR 50.3 million, compared to SAR 34.1 million in the previous quarter, primarily driven by improved profit margins, lower operating expenses, and a reduction in the impairment provision for trade receivables |
| 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 14.7% to SAR 501.4 million, compared to SAR 437.0 million, driven by higher sales volumes in the paper manufacturing segment following the increase in production capacity after the commissioning of Production Line No. 5, as well as improved profit margins |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit increased by 143% to SAR 84.5 million, compared to SAR 34.6 million, primarily due to an improvement in gross profit of approximately SAR 27.1 million, driven by higher sales volumes following the commissioning of Production Line No. 5 and improved profit margins. The increase was further supported by lower selling and administrative expenses, a reduction in the impairment provision for trade receivables, and higher earnings from the Company's share of results of its associate, The increase was also attributable to the recognition of foreign exchange losses on a foreign currency loan during the corresponding period of the previous year, as well as higher other income recorded during the current period |
| 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) | Other matter related to the comparative financial figures: The Group’s financial statements for the financial year ended 31 December 2025 were audited by another auditor, who issued an unmodified opinion on those financial statements dated 7 Shawwal 1447H (corresponding to 26 March 2026). The condensed consolidated interim financial statements of the Company as of 30 June 2025 were also reviewed by another auditor, who issued an unmodified conclusion on those financial statements dated 16 Safar 1447H (corresponding to 10 August 2025) |
| Reclassification of Comparison Items | Nothing |
| Additional Information | Basic earnings per share is calculated by dividing the net profit attributable to the Company’s ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. The weighted average number of shares outstanding for the current period and the corresponding period of the previous year was 36,954,212 shares (where the total number of shares is 37,070,000 shares, less the effect of treasury shares held amounting to 115,788 shares). |
