Element List	Current Year	Previous Year	%Change
Sales/Revenue	304,963,333	248,350,537	22.8
Gross Profit (Loss)	128,487,183	102,159,968	25.77
Operational Profit (Loss)	42,902,193	49,790,455	-13.83
Net Profit (Loss) Attributable to Shareholders of the Issuer	35,008,807	45,400,932	-22.89
Total Comprehensive Income Attributable to Shareholders of the Issuer	34,355,694	45,648,392	-24.74
Total Shareholders Equity (after Deducting Minority Equity)	179,185,042	158,829,348	12.82
Profit (Loss) per Share	5	6.49
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	-	-
Accumulated Losses	-	-
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	Revenue increased by 22.8% during the current period compared to the same period last year, driven by market expansion and higher sales of some relatively new products, in addition to the company's continued efforts to strengthen its commercial presence and diversify its revenue streams. The gross profit margin also recorded a significant improvement from 41.1% to 42.1%, reflecting the quality of growth, an improved sales mix, and efficient operational performance.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	Net profit for the current period decreased by 22.9% compared to the same period of the previous year, despite revenue growth and improved gross profit. This decline is primarily attributed to higher provisions for expected credit losses resulting from a more conservative approach to assessing the quality and collectability of receivables, thereby strengthening asset quality and the company's financial position. The results were also impacted by higher professional and legal fees related to exceptional and non-recurring business during the year, which affected net profit, as well as increased financing costs associated with using short-term bank facilities to support working capital. This reflects the company's adoption of a more conservative approach to accounting for credit risks, further enhancing asset quality and the company's financial strength.
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)	The company’s financial statements for the year ended December 31, 2024, were audited by another auditor who expressed an unmodified opinion on those financial statements on March 26, 2025 (corresponding to Ramadan 26, 1446 AH).
Reclassification of Comparison Items	There is a reclassification of some comparative figures for the previous year.
Additional Information	During the period, the company saw an increase in investment in working capital, particularly inventory and accounts receivable, to support operational growth. This was financed through a combination of operating cash flows and short-term bank facilities, within a conservative financing policy aimed at maintaining adequate financial flexibility. Management affirms that this expansion supports sustainable growth and reflects the strength of the business model, with a focus on enhancing the quality of earnings in the medium and long term.