| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 278,975 | 276,895 | 0.751 | 275,130 | 1.397 |
| Gross Profit (Loss) | 36,358 | 36,773 | -1.128 | 37,061 | -1.896 |
| Operational Profit (Loss) | 17,032 | -14,414 | - | 11,952 | 42.503 |
| Net profit (Loss) | 14,309 | -18,501 | - | 5,225 | 173.856 |
| Total Comprehensive Income | 14,309 | -17,178 | - | 5,970 | 139.681 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 813,195 | 775,424 | 4.871 |
| Gross Profit (Loss) | 107,367 | 104,302 | 2.938 |
| Operational Profit (Loss) | 42,215 | -17,941 | - |
| Net profit (Loss) | 24,866 | -32,822 | - |
| Total Comprehensive Income | 25,610 | -31,471 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,631,838 | 1,652,320 | -1.239 |
| Profit (Loss) per Share | 0.29 | -0.38 | |
| 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 for the current quarter by 1% compared to the same quarter of the previous year is due to a 1% increase in the quantity of sales, while selling prices remained unchanged compared to the same quarter of the previous year. |
| 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 the previous year, by 177%, despite a 1% decrease in gross profit, is mainly due to the 218% increase in operating profit, resulting from the following factors: 1- The presence of certain operating losses in the same quarter of the previous year, such as the write-off of property, plant, and equipment amounting to SAR 16.3 million, as well as the write-off of capital work in progress amounting to SAR 1.9 million. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase in sales for the current quarter by 1% compared to the previous quarter is due to an improvement in selling prices by 3%, which was partially offset by a 2% decrease in the quantity sold compared to the previous quarter of the current year. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase in net profit for the current quarter, compared to the previous quarter, by 174% is attributed to an improvement in operating profit by 176%, driven by the following factors: 1- 35% decrease in selling and marketing expenses. 2- 19% decrease in general and administrative expenses, mainly due to lower labor and wage costs. 3- 206% reduction in losses from financial assets, reflecting improved collection performance from customers with delayed payments. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The increase in sales for the current period by 5% compared to the same period of the previous year is due to an improvement in the quantity sold by 2%, along with an increase in selling prices by 3%. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The increase in net profit for the current period by 176% compared to the same period of the previous year is partially due to a 3% improvement in gross profit, and mainly due to a 172% increase in operating profit, driven by the following factors: 1- 20% decrease in selling and marketing expenses. 2- 26% decrease in general and administrative expenses, resulting from reduced labor and wage costs. 3- 205% decrease in the reversal of the doubtful debts provision, reflecting the company’s improved ability to collect overdue receivables from customers. 4- 137% increase in other income, largely attributable to support received from the Ministry of Energy related to the fuel consumed during 2024. |
| 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) | N/A |
| Reclassification of Comparison Items | Further details are provided in Note 22 to the financial statements. |
| Additional Information | For more information, please refer to the attached disclosure. |
| Attached Documents | Attached Documents |
