| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 307,363,006 | 253,158,857 | 21.41 | ||
| Gross Profit (Loss) | 99,879,884 | 73,407,818 | 36.06 | ||
| Operational Profit (Loss) | 47,976,406 | 32,282,909 | 48.61 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 50,989,326 | 37,445,172 | 36.17 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 51,980,471 | 38,349,076 | 35.55 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 181,366,750 | 140,805,603 | 28.81 | ||
| Profit (Loss) per Share | 0.87 | 0.64 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | Revenue increased by 21.41% to reach SR 307.36 million during the current year compared to the previous year. primarily as a result of securing new projects and materialisation of more revenue from existing projects. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The Company achieved a net profit attributable to the shareholders of the issuer of SR 50.99 million during the current year, increased by SR 13.54 million (36.17%) as compared to the previous year. The Group’s overall net profit increased by SR 10.77 million (27.45%) as compared to the previous year to reach SR 49.98 million. The increase is mainly driven by the following: - Increase in gross profit by SR 26.47 million as a result of increase in revenue. - Decrease in finance cost by SR 0.16 million. - Increase in other income by SR 0.10 million. Despite the: - Increase in operating expenses by SR 10.78 million. - Decrease in share of result from investments in associates by SR 3.69 million. - Increase in zakat and income tax expenses by SR 1.50 million. |
| 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) | - |
| Reclassification of Comparison Items | - |
| Additional Information | - |