| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 18,273,097 | 18,098,518 | 0.96 | ||
| Gross Profit (Loss) | 13,942,185 | 13,603,096 | 2.49 | ||
| Operational Profit (Loss) | 7,124,652 | 8,591,439 | -17.07 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 6,778,423 | 8,375,608 | -19.07 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 6,778,423 | 8,375,608 | -19.07 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 229,831,950 | 223,053,527 | 3.04 | ||
| Profit (Loss) per Share | 0.03 | 0 | |||
| 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 year compared to the last year | The increase in revenues during the current period compared to the same period of the previous year is due to the higher operating rate. Revenues increased by 1% compared to the previous year. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | "The decrease in net profit during the current quarter compared to the previous quarter is mainly attributable to: - An increase in the expected credit loss provision (current year: 3,196,324 compared to 1,892,641 in the previous year). - A lower reversal of impairment in investment properties during the current year amounting to 338,415 (2024: 1,185,668 SAR). - An increase of 26% in the Zakat provision during the current year compared to the previous year (2025: 118,197 – 2024: 93,844)." |
| 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) | "Emphasis of a Matter We draw attention to Notes (13 and 24) to the accompanying financial statements, which relate to the asset‑exchange transaction with Al-Sati’a Al-Haditha Company for General Contracting. The Company has recognized a provision amounting to SAR 26,136,823 to cover the losses arising from the asset‑exchange agreement with Al-Sati’a Al-Haditha, as management believes that the assets expected to be received in exchange for the transaction are not significant and have substantially declined in value due to obsolescence. Accordingly, a provision has been recorded equivalent to the carrying amount of the performance obligations the Company is required to deliver to the counterparty. Furthermore, the previously issued judgment obligating Darb Al-Saudiya Investment Company (formerly Al-Baha Investment and Development) to comply with and execute the terms of the contract with Al-Sati’a Al-Haditha has been upheld. Our conclusion has not been modified in respect of this matter. " |
| Reclassification of Comparison Items | - |
| Additional Information | "Earnings per share is calculated on the basis of the net results of the period attributable to the shareholders of the company divided by the weighted average number of shares issued. The diluted earnings per share is the same as the basic earnings per share since the company does not have dilutive instruments issued during the period. On April 8, 2025, the Extraordinary General Assembly Meeting was held, and it was voted to amend the nominal value of the share to become One Saudi Riyal instead of ten halalas (0.10) per share; accordingly, the number of shares becomes 218,295,000 nominal shares instead of 2,182,950,000 nominal shares. As a result, the weighted average number of shares was adjusted to 218,295,000 shares. In accordance with the requirements of International Accounting Standard (IAS) 33 – Earnings per Share, the weighted average number of shares has been retrospectively adjusted for all periods presented, as follows: 2025: 218,295,000 2024: 218,295,000 Basic and Diluted Earnings per Share for the Company’s Shareholders: 2025: SAR 0.031052 2024: SAR 0.003837" |
