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 company recorded revenues amounting to SAR 248.93 million in Q1 2025, compared to SAR 311.15 million in Q1 2024 equivalent to a decrease of 20%. This is primarily attributed to a decrease in sales volume. |
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 company net profit recorded amounting to SAR 40.17 million in Q1 2025, compared to a net profit of SAR 54.79 million in Q1 2024 equivalent to a decrease of 26.68%. This decrease is primarily due to: - Gross profit decreased to SAR 63.66 million in Q1 2025, compared to SAR 97.67 million in Q1 2024 a decrease of 34.82%, primarily due a decrease in sales volume. |
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The company Revenue recorded amounting to SAR 248.93 million in Q1 2025, compared to SAR 167.99 million in the previous quarter (Q4 2024) representing an increase of 48.18%. This is due to the increase in sales volume, improvement in the sales mix, and changes in supply schedules. |
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The company Net profit recorded amounting to SAR 40.17 million in Q1 2025 compared to SAR 12.46 million in the previous quarter (Q4 2024), representing an increase of 222.53%. This was mainly due to higher gross profit, which reached SAR 63.66 million in Q1 2025 versus SAR 38.94 million in Q4 2024, an increase of 63.46%. This is due to the increase in sales volume, improvement in the sales mix, and changes in supply schedules. |
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) | Nothing |
Reclassification of Comparison Items | Nothing |
Additional Information | Attachment |
Attached Documents |  |