| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The 23% decline in revenue in 2025 compared to 2024 is mainly due to a 60% decrease in real estate segment revenues, as most projects were in their final stages of completion and no new projects were initiated. At the same time, the contracting, industrial, and services segments recorded solid growth of 36%, 22%, and 10%, respectively. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The real estate segment recorded a loss of SAR 55 million in 2025, compared to a net profit of SAR 84.4 million in 2024. The contracting segment reduced its loss to SAR 27.7 million in 2025, down from SAR 41.8 million in 2024. The industrial segment’s net profit increased to SAR 22.9 million in 2025, compared to SAR 20.8 million in 2024, while the services segment achieved a net profit of SAR 4.8 million in 2025, up from SAR 2.6 million in 2024. The Group’s consolidated net profit was negatively impacted by losses in the real estate segment, resulting in a net loss of SAR 55 million in 2025, compared to a net profit of SAR 66 million in 2024. This was mainly due to the absence of new real estate projects and delays in sales activities at the Al-Asilah (Dhahiyat Alqa) scheme in Makkah. Despite revenue growth in the contracting segment, the lack of newly awarded government projects exceeding SAR 1.35 billion affected both the segment’s net profit and the Group’s overall earnings. |
| 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) | NA |
| Reclassification of Comparison Items | NA |
| Additional Information | - |
