| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The increase in revenues during the current year compared to the previous year is attributed to higher sales volumes and an improvement in the average selling price, in addition, it reflects the consolidation of the subsidiary’s operations for a full 12 months during this year, compared to the previous year when the subsidiary’s results were consolidated from the acquisition date of May 19, 2024. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The increase in net profit for the current year compared to the previous year is attributable to the rise in both the volume and value of sales, along with a decrease in general and administrative expenses, in addition to the consolidation of the subsidiary’s operations. This is despite an increase in selling and marketing expenses, expected credit loss provisions, zakat expense, as well as higher finance costs during the current year compared to the previous year. |
| 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) | N/A |
| Reclassification of Comparison Items | Some comparative figures have been reclassified to conform with the presentation of the current period |
| Additional Information | There has been an adjustment to the 2024 financial statements in certain items, most notably “intangible assets and goodwill,” in accordance with Note No. 34 in the financial statements. |
