| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-03-31 Corresponding to 1447-10-12 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | Current Period Change % Sales / Revenue*: SAR 85,197,759 56% Net Profit (Loss) Attributable to Shareholders of the Issuer*: SAR 6,037,220 144% Total Shareholders’ Equity (excluding non-controlling interests)*: SAR 31,523,535 132% Earnings (Loss) per Share*: SAR 0.56 124% |
| Correct Statement | Current Period Change % Sales / Revenue*: SAR 84,927,406 55% Net Profit (Loss) Attributable to Shareholders of the Issuer*: (SAR 3,608,933) -246% Total Shareholders’ Equity (excluding non-controlling interests)*: SAR 22,620,883 66% Earnings (Loss) per Share*: (SAR 0.34) — |
| Additional Information | The correction is due to the completion of the final audit procedures and the approval of the consolidated annual financial statements for the year ended December 31, 2025, which included the reassessment of the expected credit loss allowance on accounts receivable and government contract assets, along with certain other accounting treatments. The net expected credit loss allowance amounted to approximately SAR 7.0 million during 2025, which had a material impact on the results for the year. The external auditor also issued an unqualified audit opinion. |
