| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue for this quarter reached SAR 512.88 million, a decrease of 19.40% compared to the same quarter of the previous year. The decline was mainly attributable to the Water sector, which saw a reduction following the completion and handover of projects and while the Company transitioning to new contracts. The Wastewater sector recorded growth of 9.78%, and Integrated Water Solutions grew by 18.07%. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit for this quarter reached SAR 64.48 million, an increase of 10.87% compared to the same quarter of the previous year. This growth was primarily driven by a 9.44% rise in gross profit despite the increase in diesel and asphalt prices during the period. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue for this quarter reached 512.88 million riyals, a decrease of -13.84% compared to the last quarter. The decline following the completion and handover of projects and while the Company transitioning to new contracts. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit decreased to 64.48 million riyals for this quarter, a decrease of -2.82% compared to the last quarter due to 1.57% decrease in operating profit. |
| 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) | N/A |
| Reclassification of Comparison Items | Some of the comparison numbers have been reclassified to be consistent with the present way of presentation. |
| Additional Information | - |
