| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase in revenue is mainly attributable to the increase in sales volume and sales value. |
| 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 reason for reporting a net loss in the current quarter, compared to a net profit in the corresponding quarter of the previous year, is mainly attributable to the increase in production costs and finance costs, in addition to recording non-cash losses resulting from the revaluation of investment properties. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase in revenue is mainly attributable to the increase in sales volume and sales value. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The decrease in net loss is mainly attributable to the increase in sales volume and sales value. |
| 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) | NO |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the current presentation. |
| Additional Information | With reference to the Company’s announcement on the Tadawul website dated 30-12-2025 regarding the issuance of the Board of Directors’ resolution to use the fair value model for measuring real estate and investment properties, the Company changed its accounting policy from the cost model to the revaluation model for measuring land at fair value. The revaluation resulted in land revaluation differences amounting to SAR 233,310,359. The Company also changed its accounting policy from the cost model to the revaluation model for measuring investment properties at fair value. The value of the investment properties as of 31-03-2026 amounted to SAR 13,212,799. Please note that the use of the new accounting policies does not result in any cash inflow to the Company . |