Total Shareholders Equity (after Deducting Minority Equity)
634,919,644
595,653,501
6.59
Profit (Loss) per Share
0.13
0.22
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
-
-
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
Group revenues grew (5%) in the year 2024 compared with last year 2023. Revenues’ growth mainly stems from remarkable growth in the contracting, manufacturing, and facility management despite revenues’ decline in real estate segment.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is
Net profit decreased (40%) in the year 2024 compared to last year 2023. Net profit decreased stems from losses in the contracting segment, an increase in financing costs, and an increase in provisions. Gross profit & operating profit decreased in 2024 to (18%), (7%) from (21%), (10%) in 2023 respectively.
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
0
Additional Information
-
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