| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenues for the third quarter of 2025 increased to SAR 284 million, compared to SAR 142 million in the same quarter of 2024. This increase was mainly driven by higher revenues from the Hajj sector, along with growth in commercial mall revenues and improved hotel and towers performance. |
| 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 for the third quarter of 2025 increased to SAR 85 million, compared to SAR 69 million in the same quarter of 2024. This growth was mainly driven by higher profitability from the commercial mall along with improved performance of the hotel & towers and higher financing income from Islamic deposits. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Third-quarter 2025 revenues amounted to 284 million SAR, a decrease compared to 388 million SAR in the second quarter of 2025. This decline is primarily attributed to the seasonal recognition of Hajj revenues, the majority of which was recorded in the second quarter, with the remaining portion recognized in the third quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit for the third quarter of 2025 amounted to SAR 85 million, a decrease from SAR 144 million in the second quarter of 2025. This decrease is mainly due to lower performance in the hotels and towers sector given the seasonal nature of the Hajj season's conclusion, in addition to recognizing less income from the company's share in the net profit of an associate company. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenues for the first nine months of 2025 amounted to SAR 908 million, compared to SAR 677 million in the same period of 2024. This increase was mainly driven by higher revenues from the Hajj sector, increased revenues from the commercial mall, and improved performance of the hotel and towers. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net income for the first nine months of 2025 amounted to SAR 380 million, compared to SAR 325 million in the same period of 2024. This increase was mainly driven by the net income impact from higher profitability of the commercial mall, improved net income from the hotel and towers, as well as the impact of recognizing the Company’s share in the net profit of an associate 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) | None |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform to the current period presentation. |
| Additional Information | The Gross profit reported in this announcement for the comparative quarter of last year have been changed to SAR 80 million from SAR 76 million as reported on 03 November 2024 as a result of reclassification of some expenses. |
| Attached Documents |  |