| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 243,213,191 | 230,685,597 | 5.43 | ||
| Gross Profit (Loss) | 80,247,728 | 83,761,851 | -4.2 | ||
| Operational Profit (Loss) | 27,291,437 | 37,904,770 | -28 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 28,321,157 | 37,594,150 | -24.67 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 26,910,200 | 37,850,888 | -28.9 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 80,260,298 | 83,350,098 | -3.71 | ||
| Profit (Loss) per Share | 0.57 | 0.75 | |||
| 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 revenue this year compared to the previous year is due to the focus on advertising and marketing campaigns, as well as the activation and diversification of discount plans for customers, which contributed to a 5.43% increase in sales 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 this year compared to the previous year is due to the following: • An increase in raw material costs by 3,5 Million SAR compared to the previous year • An increase in marketing and indirect expenses by 4,7 Million SAR to increase the market share compared to the previous year • An increase in direct expenses by 2,8 Million SAR to increase the production compared to the previous year |
| 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) | No |
| Reclassification of Comparison Items | YES |
| Additional Information | The company seeks to expand its production and increase its market share amidst fierce competition. It continuously reviews its sales and pricing policies in accordance with market conditions and competitors to best serve its interests and those of its shareholders. |
