| 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 |
Revenue increased to 636.35 million riyals in Q1-2025, a 38.89% rise from the same quarter of last year. This growth is mainly due to a 282.02% increase in revenues from the Waste Water sector, and a 14.71% increase in revenues from the Integrated Water Solutions sector driven by new projects. |
| 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 increased to 58.15 million riyals in Q1-2025, a 35.05% rise from the same quarter of last year. This growth was primarily driven by a 38.89% increase in revenue and a 28.33% increase in gross profit to 101.16 million riyals, despite the increase in diesel prices. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
Revenue increased to 636.35 million riyals in Q1-2025, a 4.37% rise from the last quarter. This growth is primarily attributed to a 185.68% in Water sector revenue, driven by new projects. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is |
Net profit for this quarter reached 58.15 million riyals, a decrease of 16.76% compared to the previous quarter, which included the completion of the initial Phase of several projects being undertaken by the company. |
| 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 |
- |
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