| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 160,620,938 | 158,651,383 | 1.241 | ||
| Net profit (Loss) | 3,497,202 | 4,152,688 | -15.784 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 133,961,509 | 133,845,159 | 0.086 | ||
| Profit (Loss) per Share | 0.58 | 0.69 | |||
| 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 period compared to the same period of the last year is | Revenue increased during the current period by 1.24% to SAR 160,620,938, compared to SAR 158,651,383 for the corresponding period of the previous year. This increase was primarily driven by growth in business with existing customers and the renewal of certain contracts with an enhanced scope of services, as well as securing new contracts. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit decreased compared to the corresponding period due to higher direct cost of sales and the incurrence of start-up and transition expenses associated with launching new contracts, along with a shift in the sales mix toward lower-margin contracts during the launch phase and a slight decline in other income. These are temporary operational factors whose impact is expected to diminish as execution stabilizes and resource utilization improves. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | N/A |