| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The decline in sales was primarily driven by a strategic realignment of the Company’s customer and contract portfolio, including optimizing exposure across sectors and prioritizing contracts with stronger cash flow and profitability profiles. The Company also initiated a program to discontinue loss-making projects and focus on utilizing its internal operational capacity more efficiently, which contributed to a temporary reduction in sales during the period. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The increase in net loss during 2025 compared to 2024 was primarily due to higher operating costs and an increase in general and administrative expenses, in addition to the decline in sales. The rise in costs was mainly driven by fleet restructuring activities, lower utilization rates during the transition period, and the continuation of fixed expenses despite reduced revenue levels. |
| 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) | does not apply |
| Reclassification of Comparison Items | Certain comparative year figures have been reclassified to align with the classification of the current year’s items. |
| Additional Information | Certain items in the financial position and income statement have been recalculated retrospectively for the years 2022 , 2023 and 2024 to ensure the accuracy of financial data and compliance with applicable accounting standards. These items will be detailed in THE Note related to prior years’ adjustments |
