| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 74,668,247 | 63,951,044 | 16.758 | 69,954,593 | 6.738 |
| Gross Profit (Loss) | 22,041,464 | 16,505,573 | 33.539 | 24,753,882 | -10.957 |
| Operational Profit (Loss) | 9,893,068 | 6,172,434 | 60.278 | 12,105,628 | -18.277 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 9,734,704 | 7,238,564 | 34.483 | 14,059,886 | -30.762 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 9,409,550 | 7,841,149 | 20.002 | 14,102,384 | -33.276 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 144,622,840 | 124,632,787 | 16.039 |
| Gross Profit (Loss) | 46,795,346 | 35,281,743 | 32.633 |
| Operational Profit (Loss) | 21,998,696 | 15,946,764 | 37.95 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 23,794,590 | 17,381,775 | 36.893 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 23,511,934 | 17,764,349 | 32.354 |
| Total Shareholders Equity (after Deducting Minority Equity) | 149,209,221 | 119,987,633 | 24.353 |
| Profit (Loss) per Share | 0.4 | 0.29 | |
| 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 quarter compared to the same quarter of the last year is | Revenue increased by 16.76% to reach SAR 74.67 million during the current quarter compared to the similar quarter of last year, primarily as a result of securing new projects and materialisation of more revenue from existing projects. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The Company achieved a net profit attributable to the equity holders of the Company of SAR 9.73 million during the current quarter, increased by SAR 2.50 million (34.48%) as compared to the similar quarter of last year. The Group’s overall net profit increased by SAR 2.86 million (37.24%) as compared to the similar quarter of last year to reach SAR 10.53 million. This increase is mainly driven by the following: - Increase in gross profit by SAR 5.54 million as a result of increase in revenue. - Increase in other income by SAR 0.21 million. - Decrease in zakat and income tax expenses by SAR 0.35 million. Despite: - Increase in operating expenses by SAR 1.82 million. - Decrease in share of result from Investment in associates by SAR 1.40 million. - Increase in finance cost by SAR 0.02 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue increased by 6.74% to reach SAR 74.67 million during the current quarter compared to the previous quarter, primarily as a result of securing new projects and materialisation of more revenue from existing projects. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The Company achieved a net profit attributable to the equity holders of the Company of SAR 9.73 million during the current quarter, decreased by SAR 4.33 million (30.76%) as compared to the previous quarter. The Group’s overall net profit decreased by SAR 2.91 million (21.67%) as compared to the previous quarter to reach SAR 10.53 million. This decrease is mainly driven by the following: - Decrease in operating expenses by SAR 0.50 million. - Decrease in finance cost by SAR 0.05 million. - Decrease in zakat and income tax expenses by SAR 0.18 million. Despite: - Decrease in gross profit by SAR 2.71 million. - Decrease in share of result from Investment in associates by SAR 0.72 million. - Decrease in other income by SAR 0.21 million. |
| 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 16.04% to reach SAR 144.62 million during the current period compared to the similar period of last year, primarily as a result of securing new projects and materialisation of more revenue from existing projects. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The Company achieved a net profit attributable to the equity holders of the Company of SAR 23.79 million during the current period, increased by SAR 6.41 million (36.89%) as compared to the similar period of last year. The Group’s overall net profit increased by SAR 5.93 million (32.82%) as compared to the similar period of last year to reach SAR 23.98 million. This increase is mainly driven by the following: - Increase in gross profit by SAR 11.51 million as a result of increase in revenue. - Decrease in finance cost by SAR 0.22 million. - Increase in other income by SAR 1.50 million. - Decrease in zakat and income tax expenses by SAR 0.57 million. Despite: - Increase in operating expenses by SAR 5.46 million. - Decrease in share of result from Investment in associates by SAR 2.41 million. |
| 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) | - |
| Reclassification of Comparison Items | - |
| Additional Information | - |
