| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 2,296,241 | 1,987,069 | 15.56 | ||
| Gross Profit (Loss) | 860,270 | 665,315 | 29.3 | ||
| Operational Profit (Loss) | 674,626 | 455,955 | 47.96 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 629,929 | 401,731 | 56.8 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 629,351 | 397,429 | 58.35 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 1,298,005 | 946,062 | 37.2 | ||
| Profit (Loss) per Share | 0.57 | 0.36 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| 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 for the current year compared with last year was driven by rising demand across all sectors within the Kingdom of Saudi Arabia. This increase was particularly notable in high-voltage substation projects, infrastructure projects, and a series of new industrial projects, including the Oil & Gas sector. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The increase in net profit for the current year compared with last year is mainly attributed to Increase of sales from SR 1,987 million to SR 2,296 million. In addition to the diversification of the sold products which include products with higher profitability and better gross margins. The increase in net profit is offset by an increase in general and administrative expenses. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | None |
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