| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 3,263.35 | 3,746.23 | -12.89 | ||
| Gross Profit (Loss) | 855.57 | 1,147.3 | -25.43 | ||
| Operational Profit (Loss) | 257.49 | 581.41 | -55.71 | ||
| Net profit (Loss) | 201.69 | 559.62 | -63.96 | ||
| Total Comprehensive Income | 131.11 | 431.29 | -69.6 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 3,214 | 3,082.89 | 4.25 | ||
| Profit (Loss) per Share | 2.52 | 7 | |||
| All figures are in (Millions) 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 (Millions) 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 main reason for the 12.89% decline in revenue during the current year compared to the last year, is due to the decrease in revenue for certain operating segments namely the Public Relations and Advertising Segment and the Publishing and Visual and Digital Content Segment. In addition, the Printing and Packaging Segment experienced a decline in revenues, primarily due to a reduction in printing activities and the inability to secure certain planned projects. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The main reason for the decline in net profit during the current year compared to the last year, is due to the decrease in revenue from certain operating segments namely the Public Relations and Advertising Segment, the Publishing and Visual and Digital Content Segment and the decrease in the revenues of the Printing and Packaging Segment. Additionally, provisions for expected credit losses on trade receivables were recorded, and losses were recorded due to impairment of goodwill, property, plant, equipment, and spare parts inventory associated with the Printing and Packaging Segment. |
| 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) | N/A |
| Reclassification of Comparison Items | Certain prior year figures have been re-classified to conform with the presentation of the current year. |
| Additional Information | The total revenue of the current year is SR 3,263.35 million, compared to SR 3,746.23 million for the previous year, a decrease of 12.89%. |
The total Comprehensive Income of the parent company for the current year is SR 131.11 million compared to SR 431.29 million for the previous year, a decrease of 69.60%.
The total shareholders’ equity for the parent company (after excluding non-controlling interest) as of 31st of December 2024 is SR 3,214.00 million compared to SR 3,082.89 million as of 31st of December 2023, an increase of 4.25%.
The retained earnings as of 31st of December 2024 is SR 2,695.48 million.
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