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| Item | Current quarter | Same quarter of previous year | Change % | Previous quarter | Change % |
|---|---|---|---|---|---|
| Sales/Revenues | 18,588,308 | 16,675,160 | 11.473 | 17,707,343 | 4.975 |
| Gross profit (loss) | 15,473,507 | 14,209,039 | 8.899 | 14,604,047 | 5.953 |
| Operating profit (loss) | 13,228,836 | 11,762,150 | 12.469 | 12,249,282 | 7.996 |
| Net profit (loss) | 8,787,700 | 10,036,965 | -12.446 | 8,169,422 | 7.568 |
| Total comprehensive income | 8,773,751 | 9,992,034 | -12.192 | 8,045,396 | 9.053 |
| All figures are in (Actual) Saudi Riyal | |||||
| Item | Current period | Same period of previous year | Change % |
|---|---|---|---|
| Sales/Revenues | 54,327,413 | 76,198,872 | -28.703 |
| Gross profit (loss) | 44,796,147 | 50,467,093 | -11.236 |
| Operating profit (loss) | 37,971,051 | 43,772,935 | -13.254 |
| Net profit (loss) | 26,954,945 | 30,091,507 | -10.423 |
| Total comprehensive income | 26,656,572 | 30,031,613 | -11.238 |
| Total equity (after excluding non-controlling interests) | 417,684,009 | 396,533,274 | 5.333 |
| Earnings (loss) per share | 0.13 | 0.15 | |
| All figures are in (Actual) Saudi Riyal | |||
| Item | Value | Percentage of capital | |
|---|---|---|---|
| Gains (losses) from change in the fair value of investment properties | – | – | |
| All figures are in (Actual) Saudi Riyal | |||
| Item | Explanation |
|---|---|
| The reason for the increase (decrease) in sales/revenues during the current quarter compared to the same quarter of the previous year | The increase in revenues during the current quarter compared to the same quarter of the previous year is due to an increase in rental revenues in the Company and its subsidiary, Al-Azizah Real Estate Investment and Development Company |
| The reason for the increase (decrease) in net profit during the current quarter compared to the same quarter of the previous year | The decrease in net profit during the current quarter compared to the same quarter of the previous year is due to: *1- An increase in financing costs amounting to SAR 1.35 million, due to their increase in the subsidiary, Qimam Nashaz Real Estate Development Company |
| The reason for the increase (decrease) in sales/revenues during the current quarter compared to the previous quarter | The increase in revenues during the current quarter compared to the previous quarter is due to an increase in rental revenues in the Company and its subsidiary, Al-Azizah Real Estate Investment and Development Company |
| The reason for the increase (decrease) in net profit during the current quarter compared to the previous quarter | The increase in net profit during the current quarter compared to the previous quarter by 9% is due to an increase in rental revenues in the Company and its subsidiary, Al-Azizah Real Estate Investment and Development Company |
| The reason for the increase (decrease) in sales/revenues during the current period compared to the same period of the previous year | The decrease in revenues during the current period compared to the same period of the previous year, despite a 9% increase in rental revenues, is due to the realization of land sales in Al-Qadisiyah District amounting to SAR 26.3 million during the same period of the previous year, while no similar sales were recorded during the current period. |
| The reason for the increase (decrease) in net profit during the current period compared to the same period of the previous year | The decrease in net profit during the current period compared to the same period of the previous year is due to the following:1- A decrease in the Company’s comprehensive revenues despite an increase in rental revenues in the Company and its subsidiary, Al-Azizah Real Estate Investment and Development Company, due to the Company achieving land sales in the same period of the previous year |
| Type of auditor’s report | Unmodified opinion |
| Any note in the auditor’s report represented by an Other Matter paragraph, qualification, emphasis of matter, disclaimer of opinion, or adverse opinion as stated in the auditor’s report | None |
| Reclassification of certain comparative figures | None |
| Additional information | – |
