Al Kathiri Holding Co. announces its Annual Financial results for the period ending on 2024-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	183,872,514	129,179,914	42.34
Gross Profit (Loss)	20,816,992	22,752,337	-8.51
Operational Profit (Loss)	-9,210,431	3,324,649	-
Net profit (Loss)	-18,976,522	-4,117,974	360.82
Total Comprehensive Income	-18,879,319	-4,163,170	353.48
Total Shareholders Equity (after Deducting Minority Equity)	112,121,999	131,031,534	-14.43
Profit (Loss) per Share	0.08	0.02
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	13,386,438	11.84
All figures are in (Actual) 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 revenue during this year compared to the previous year is attributed to:

• Higher revenue from the concrete sector due to increased demand and new projects.

• Growth in the contracting sector’s revenue, driven by the execution of new contracts and business expansion.

• Increased cement sales due to higher prices, which contributed to the overall revenue growth. The reason of the increase (decrease) in the net profit during the current year compared to the last year is The increase in net loss during this year compared to the previous year is due to several key factors, including:

• Higher provisions for credit losses, which impacted operating profits.

• Increased financing costs.

• Higher administrative expenses resulting from the establishment costs of the "Luxury Yacht" Factory and "Saraya Al-Diyar" Company. 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 Certain comparative year figures have been reclassified to align with the presentation of the consolidated financial statements for the current year. Additional Information -

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.