Tourism Enterprise Co. announces its Interim Financial results for the Period Ending on 2025-03-31 (Three Months)

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	1,411,427	1,388,142	1.677	3,589,476	-60.678
Gross Profit (Loss)	-553,113	-626,361	-11.694	248,448	-
Operational Profit (Loss)	-2,881,491	-2,214,411	30.124	-4,614,507	-37.555
Net profit (Loss)	726,231	6,044,801	-87.985	-1,775,949	-
Total Comprehensive Income	717,726	6,009,801	-88.057	-10,833,340	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	504,422,471	512,509,597	-1.577
Profit (Loss) per Share	0.001	0.005
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	67,596,603	11.7
All figures are in (Actual) Saudi Arabia, Riyals

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	The increase in revenues for the current quarter compared to the same quarter last year is due to higher resort revenues, despite the entire holy month of Ramadan occurring during the first quarter of this year.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The decrease in net profit during the current quarter compared to the same quarter of the previous year is due to the company's investment in acquiring 83% of the" SEDCO Capital-Ajdan Fairmont Fund".
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The decrease in revenues during the current quarter compared to the previous quarter is due to the impact of the holy month of Ramadan on current quarter sales compared to the previous quarter.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The increase in net profit during the current quarter compared to the previous quarter is due to the impact of the previous quarter's zakat provision on the company's stake in the "SEDCO Capital-Ajdan Fairmont Fund" for the year 2024.
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 for the prior period have been reclassified to conform to the presentation in the current period.
Additional Information	-

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