| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue decreased by 15.4% to SAR 23.2 million during the current quarter, a decrease of SAR 4.2 million compared to SAR 27.4 million in the same quarter last year. This decline is primarily attributed to lower sales volumes and a decrease in the average selling price. |
| 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 recording a loss of SAR 5.8 million during the current quarter compared to a profit of SAR 5.0 million in the same quarter of last year is due to recording losses from the revaluation of financial assets at fair value amounting to SAR 8.3 million compared to profits of SAR 1.3 million during the same quarter of last year, as well as a decrease in sales by 15.4% during the current quarter compared to the same quarter of last year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue decreased by 9.3% to SAR 23.2 million during the current quarter, a decrease of SAR 2.4 million compared to SAR 25.5 million in the previous quarter. This decline is primarily attributed to lower sales volumes and a decrease in the average selling price. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reduction in the net loss for the current quarter of 2026, which amounted to SAR 5.8 million, compared to a net loss of SAR 11.6 million in the previous quarter, is mainly due to a decrease in the losses from the revaluation of financial assets at fair value, which declined from SAR 12.7 million in the previous quarter to SAR 8.3 million during the current quarter. |
| 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) | Not applicable |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the presentation of the current period’s financial statements |
| Additional Information | Accumulated losses amounted to SAR 12.2 million, representing 9.78% of the Company’s share capital. Furthermore, it should be noted that on 13/11/1447H (corresponding to 30/04/2026G), the Company invited its shareholders to attend the Extraordinary General Assembly Meeting, which included among its agenda items the voting on the transfer of the Company’s optional reserve balance amounting to SAR 18,750,000 to retained earnings, and the offsetting of accumulated losses, as reflected in the Company’s financial statements for the year ended 31 December 2025. |