| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The increase in sales during the current year compared to the previous year is attributable to the effectiveness of the marketing campaigns launched, in addition to geographical expansion through opening a number of new branches, as well as product diversification and the introduction of new assortments that keep pace with market needs and strengthen the Company’s brand. |
| 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 year compared to the previous year is mainly attributable to the Company’s expansion strategy, as operating expenses increased due to the opening of new branches and the associated initial operating costs prior to reaching stabilized operating levels. Profit margins were also temporarily affected by intensive promotional offers aimed at increasing market share and strengthening the brand in the new expansion areas. |
| 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | - |
