| Element List |
Explanation |
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year |
The decrease in sales is due to a 6% decrease in spare parts sales compared to 2023. |
| 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 is primarily due to a decrease in gross profit of SAR 2.1 million, in addition to an increase in administrative and selling expenses of SAR 3.5 million compared to 2023, which resulted primarily from new employee appointments related to the Engine and Generator Repair Center, in addition to its depreciation, and the increase in rental expenses related to branches and the HQ. |
| 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) |
NA |
| Reclassification of Comparison Items |
Some comparative figures have been reclassified to fit the current view |
| Additional Information |
NA |
Comments