Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	661,435	506,686	30.541	698,174	-5.262
Gross Profit (Loss)	249,868	185,594	34.631	259,899	-3.859
Operational Profit (Loss)	202,670	137,893	46.976	213,600	-5.117
Net Profit (Loss) Attributable to Shareholders of the Issuer	190,770	123,431	54.555	208,714	-8.597
Total Comprehensive Income Attributable to Shareholders of the Issuer	188,910	125,320	50.742	202,329	-6.632
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	1,347,314	930,828	44.743
Profit (Loss) per Share	0.17	0.11
All figures are in (Thousands) 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 (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The increase in sales in the current quarter compared to the same quarter of last year was driven by rising demand across all sectors within the Kingdom of Saudi Arabia. This increase was particularly notable in high-voltage substation projects, infrastructure projects, and a series of new industrial projects, including the Oil & Gas sector.
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 increase in net profit for the current quarter compared to the same quarter of last year is mainly attributed to increase of sales and the diversification of the sold products which include products with higher profitability and better gross margins. The increase in net profit is offset by an increase in selling and distribution expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The decrease in sales in the current quarter compared to the previous one is mainly attributed to the seasonal nature of the utilities and industrial sectors, where the fourth quarter typically witnesses accelerated delivery requests from customers to finalize the delivery of projects at the end of the year.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The decrease in net profit for the current quarter compared with the previous one is mainly attributed to lower sales volume driven by the seasonal factors mentioned above.
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)	None
Reclassification of Comparison Items	None
Additional Information	None