| 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 absence of revenues during the current quarter and the previous year is attributable to the suspension of the Company’s operations and operations activities effective from the fourth quarter of 2024, as the Company’s management at that time chose to focus on investment activities |
| 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 decrease in net losses for the current quarter compared to the same quarter of the previous year is attributed to the growth of unrealized gains from the revaluation of investments at fair value, the restructuring of the financial portfolio, and the divestment from certain loss-making investments, in addition to controlling general and administrative expenses. This reduction was achieved despite recognizing a provision for Zakat for the current period of the fiscal year 2026, a newly introduced practice that was not applied in previous years. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The absence of revenues during the current quarter and the previous year is attributable to the suspension of the Company’s operations and operations activities effective from the fourth quarter of 2024, as the Company’s management at that time chose to focus on investment activities. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | "The decrease in losses for the current quarter compared to the previous quarter is attributed to the growth of unrealized gains from the revaluation of investments at fair value, the restructuring of the financial portfolio, and the divestment from certain loss-making investments. This reduction was achieved despite recognizing a Zakat provision for the current period of the fiscal year 2026, which is a newly introduced measure that was not applied in the previous quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The absence of revenues during the current period and the previous year is attributable to the suspension of the company's operational activities and business operations effective from the fourth quarter of 2024, in accordance with the company management's strategic decision at that time to focus on investment activities. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The decrease in losses during the current period compared to the corresponding period of the previous year is attributable to the growth in unrealized gains resulting from the revaluation of investments at fair value, the restructuring of the investment portfolio, and the divestment from certain loss-making investments, in addition to the adjustment and control of general and administrative expenses. This decrease was achieved despite the establishment of a provision for Zakat for the 2026 fiscal year period as a new measure that had not been implemented in prior years. |
| Statement of the type of external auditor's report | Notice |
| 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) | "We would like to draw attention to Note 1-c to the condensed consolidated interim financial statements, which indicates that the Group did not generate any operating revenues for the six-month period ended 30 June 2026. Additionally, the Group incurred a net loss of SAR 1,888,980 for the six-month period ended 30 June 2026 (30 June 2025: SAR 6,083,503). Furthermore, the accumulated losses reached SAR 96,836,891 as of 30 June 2026 (31 December 2025: SAR 94,947,911). "These circumstances indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. As disclosed in Note 1-c, management has performed an assessment of the Group’s ability to continue as a going concern. Accordingly, these condensed consolidated interim financial statements have been prepared on a going concern basis, and our conclusion is not modified in respect of this matter. |
| Reclassification of Comparison Items | Comparative figures in the financial statements have been reclassified |
| Additional Information | - |
