| 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 sales is due to the start of production and sales for the Standard Foundations Company in the second half of 2024, in addition to a 10% increase in selling prices compared to last year. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
The rise in cement prices during the year, which is the most important element of production, as well as the lack of production from the Foundations Standard Company for the first half of 2024, with the Foundations Standard Company bearing additional costs such as employee salaries, depreciation, and financing cost obligations related to the Foundations Standard for the first half of the 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) |
Not applicable |
| Reclassification of Comparison Items |
Certain comparative figures have been reclassified to conform to the presentation of the current year's financial statements. |
| Additional Information |
nothing |
Comments