Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	93,317,189	107,099,185	-12.868	135,934,765	-31.351
Gross Profit (Loss)	20,116,042	30,898,545	-34.896	30,948,974	-35.002
Operational Profit (Loss)	7,798,884	15,349,615	-49.191	11,495,221	-32.155
Net Profit (Loss) Attributable to Shareholders of the Issuer	4,986,845	13,276,993	-62.439	7,571,416	-34.135
Total Comprehensive Income Attributable to Shareholders of the Issuer	4,986,845	13,276,993	-62.439	7,571,416	-34.135
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	388,059,102	374,472,999	3.628
Profit (Loss) per Share	0.02	0.05
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	Due to a 16.4% decrease in pipe sales as a result of reduced demand.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Due to a 16.4% decrease in pipe sales as a result of lower demand, and a 4% increase in costs due to higher raw material prices.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Due to decreased sales of pipes and fittings as a result of the end of the agricultural season
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Due to decreased sales of pipes and fittings and increased financing costs
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	-