Astra Industrial Group announces its Annual Financial Results for the Period Ending on 2022-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	2,594,148,494	2,330,204,128	11.33
Gross Profit (Loss)	1,040,052,426	894,526,085	16.27
Operational Profit (Loss)	395,640,908	326,291,102	21.25
Net Profit (Loss) after Zakat and Tax	474,316,220	202,368,832	134.38
Total Comprehensive Income	517,745,586	185,794,439	178.66
Total Share Holders Equity (after Deducting Minority Equity)	1,849,376,401	1,451,641,002	27.4
Profit (Loss) per Share	5.93	2.53
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	Net profit increases in general due to:

1. Gain from discontinued operation.

2. Increase in sales and gross profit in the following sectors:

a) Pharmaceuticals.

b) Specialty chemical.

c) Steel industries.

3. Decrease in foreign exchange and hyperinflation in the following sectors:

a) Pharmaceuticals.

b) Specialty chemical.

4. Decrease in provision for impairment of financial assets in the following sectors:

a) Specialty chemical.

b) Steel industries.

c) Other.

While noting that there is increase in general and administrative expenses and selling and distribution expenses in all sectors. Statement of the type of external auditor's report Unmodified opinion Reclassification of Comparison Items Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period. Additional Information 1. Net Shareholders’ Equity at the end of the period was SR 1,913,185,390/- compared to SR 1,504,091,847 /- at the end of the similar period last year with an increase of 27%.

2. With the completion of the sale of Al Anmaa during the period, the financial results and statements of Al Tanmiya were accounted for in accordance with IFRS requirements. Please refer to Note 33 of the consolidated financial statements for further details.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.