| 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 39% decrease in revenue compared to the same quarter of the previous year was due to lower sales in the commercial and industrial sector due to intense competition and market stagnation, as well as the presence of customer orders in production, the financial impact of which will be evident in the subsequent period. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is |
A current profit loss of SAR 1.9 million was incurred, compared to a profit of SAR 127,000 in the same quarter of the previous year, due to a 39% decrease in revenues and a 90% decrease in deposit revenues. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
The 23% increase in revenue during the current quarter compared to the previous quarter is due to efforts to revitalize business with clients in early 2025. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is |
A loss of SAR 1.9 million was incurred in the current quarter, compared to a loss of SAR 1.7 million in the previous quarter, due to an increase in the cost of sales due to intense competition in the market. |
| 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) |
Nothing |
| Reclassification of Comparison Items |
Nothing |
| Additional Information |
- |
Comments