| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 322,721,766 | 192,258,806 | 67.86 | ||
| Gross Profit (Loss) | 39,138,934 | 30,849,885 | 26.87 | ||
| Operational Profit (Loss) | 18,228,834 | 10,728,467 | 69.91 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 14,268,494 | 8,397,214 | 69.92 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 10,142,619 | 9,283,954 | 9.25 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 59,561,807 | 49,640,826 | 19.98 | ||
| Profit (Loss) per Share | 0.28 | 0.17 | |||
| 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 | 74,000 | 0.3 | |
| 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 of the Company for the year 2025 increased by SAR 130.46 million, representing a growth of 67.86% compared to the corresponding period of the previous year. This increase is mainly attributable to: Growth in manpower supply and workforce management services, driven by an increase in workforce deployed across existing projects, in addition to the expansion in outsourcing contracts and operational services, as a result of higher demand for human resources services. This was further supported by a 34% increase in workforce numbers compared to the corresponding period of the previous year, reflecting improved operational efficiency and supporting sustainable growth and value creation for shareholders. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The Company reported an increase in net profit attributable to shareholders for the current year by 69.92% compared to the corresponding period of the previous year. This growth is primarily driven by the following: The significant increase in revenue by 67.86%, driven by the expansion of the Company’s activities and growth in operational scale. Improved operational efficiency and more effective cost management, which enhanced profit margins. The recognition of a reversal of expected credit loss provisions amounting to SAR 1.49 million during the current year (compared to a provision recognized in the previous year), reflecting improved asset quality and effective credit risk management. This was achieved despite certain unfavorable factors that had a partial impact on the Company’s results, including: Recognition of an impairment loss on intangible assets amounting to SAR 2,897,714 . An increase in finance costs by SAR 1,071,033 compared to the previous year, driven by the growth in operational activities. An increase in general and administrative expenses by SAR 2,826,774 as a result of business expansion. |
| 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 | Certain comparative figures have been reclassified to conform with the current year’s presentation. |
| Additional Information | Earnings per share (EPS) has been calculated by dividing the net profit for the period attributable to the ordinary shareholders of the parent company by the weighted average number of shares outstanding during the period, which amounted to 50,000,000 shares. During the period, there were no issued and/or dilutive shares; therefore, diluted earnings per share is the same as basic earnings per share. |
