| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 856,909 | 818,002 | 4.76 | ||
| Gross Profit (Loss) | 88,398 | 120,494 | -26.64 | ||
| Operational Profit (Loss) | 65,813 | 95,513 | -31.09 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 10,507 | 44,879 | -76.59 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 10,481 | 46,604 | -77.51 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 351,953 | 342,668 | 2.71 | ||
| Profit (Loss) per Share | 0.89 | 3.76 | |||
| All figures are in (Thousands) 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 (Thousands) 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 | Consolidated revenues for 2025 increased by 4.76% compared to 2024, as follows: - Revenues from the iron and steel industry increase to SAR 678 million in 2025, and represent 10.94% compared to the previous year, due to increase quantities. - Revenues from the construction projects sector decreased to SAR 68 million, a drop of 31.11% compared to the previous year, due to changes in completion rates and a slowdown in the work on existing projects. - Revenues from the IT sector decreased to SAR 7 million a drop of 49.63%, due to the extended timeframes for the completion of existing projects. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The main reason for the 77% decrease in consolidated net profit for 2025 compared to 2024 is the decline in construction project revenues to SAR 68 million, a decrease of 31.11% compared to the previous year. This decline is attributed to changes in completion rates and a slowdown in the work on existing projects, an increase in provisions for credit losses, and a rise in financing expenses during the year to 5.86%. |
| 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | The net equity attributable to the parent company's shareholders (excluding non-controlling interests) as of December 31, 2025, amounted to SAR 352 million, compared to SAR 343 million as of December 31, 2024, representing a 2.71% increase. Basic earnings per share is calculated by dividing the profit / (loss) attributable to company’s shareholders by the weighted average number of ordinary shares in issue. |
