Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	119,884,847	119,470,437	0.346	128,663,403	-6.822
Gross Profit (Loss)	8,059,629	8,511,123	-5.304	-3,791,168	-
Operational Profit (Loss)	3,025,588	4,149,378	-27.083	-9,971,033	-
Net Profit (Loss) Attributable to Shareholders of the Issuer	2,375,070	2,873,025	-17.332	-11,317,948	-
Total Comprehensive Income Attributable to Shareholders of the Issuer	2,375,070	2,873,025	-17.332	-11,657,734	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	238,523,169	254,228,798	-6.177
Profit (Loss) per Share	0.01	0.02
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	-	-
Accumulated Losses	-	-
All figures are in (Actual) 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 during the current quarter compared to the same quarter of the previous year is due to the higher sales volume in the first quarter of 2026 compared to the first quarter of 2025, which is attributed to higher demand rates during the first quarter of 2026.
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 decrease in net profit during the current quarter compared to the same quarter of the previous year, despite the increase in sales volume for the first quarter of 2026, is due to the fact that the decrease in the average selling price of the finished product during the first quarter of 2026 was greater than the decrease in the average cost of the finished product sold. This directly impacted the decrease in net profit for the first quarter of 2026, in addition to an increase in some expenses (general, selling and marketing, and financing) during the first quarter of 2026 compared to the same quarter of 2025.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The decrease in sales during the current quarter compared to the previous quarter is due to a decrease in sales volume during the first quarter of 2026 compared to the fourth quarter of 2025. This is due to a decrease and decline in demand rates during the first quarter of 2026, which is offset by an increase in demand rates for iron during the fourth quarter of 2025.
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 during the current quarter (the first quarter of 2026) compared to the previous quarter (the fourth quarter of 2025) is due to the increase in the average selling prices of the final product during the current quarter of 2026 compared to the average selling price of the final product for the fourth quarter of 2025, despite the decrease in sales volume for the current quarter compared to the previous quarter.
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)	The company’s condensed interim financial statements for the three-month period ended 31 March 2025 were examined by another auditor who issued an unmodified opinion dated 23 Dhu al-Qi’dah 1446 AH (corresponding to 21 May 2025). The financial statements for the year ended 31 December 2025 were also audited in accordance with the International Standards on Auditing adopted in the Kingdom of Saudi Arabia by another auditor who issued an unmodified opinion dated 23 Ramadan 1447 AH (corresponding to 12 March 2026).
Reclassification of Comparison Items	The company has reclassified some of the comparative figures to conform to the company's current classifications.
Additional Information	-