Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	102,052,812	105,826,033	-3.565	116,210,566	-12.182
Gross Profit (Loss)	29,738,929	26,528,370	12.102	24,416,089	21.8
Operational Profit (Loss)	11,203,595	9,920,197	12.937	4,071,400	175.177
Net profit (Loss)	9,366,640	7,831,139	19.607	3,566,456	162.631
Total Comprehensive Income	9,366,640	7,831,139	19.607	3,566,456	162.631
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	325,362,563	325,819,796	-0.14
Gross Profit (Loss)	84,888,947	85,372,067	-0.565
Operational Profit (Loss)	29,835,195	28,247,649	5.62
Net profit (Loss)	26,210,090	32,173,312	-18.534
Total Comprehensive Income	26,210,090	32,173,312	-18.534
Total Shareholders Equity (after Deducting Minority Equity)	374,906,096	354,704,119	5.695
Profit (Loss) per Share	0.1	0.13
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 quarter compared to the same quarter of the last year is	Sales of parts decreased by 33% compared to the previous year due to the quality of projects opened during the current year.
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 cost of sales decreased by 8.8% as a result of lower operating costs, in addition to lower selling and distribution expenses and general expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Revenues decreased in most items except for sales of electrical materials, at varying rates, due to some project clients reaching their maximum credit limits.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The cost of sales decreased by 26.77% as a result of a decrease in operating costs in addition to a decrease in selling and distribution expenses by 21.47%.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Sales of parts decreased by 34.17% compared to the previous year due to the quality of projects opened during the current year.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Exclude the investment in Shawkor Pipe Systems Company, which was acquired and sold during the same period of the previous year and sold with a net profit of 9,646,962 riyals.
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)	None
Reclassification of Comparison Items	None
Additional Information	-