| Element List |
Explanation |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is |
Profits increased during the current quarter compared to losses during the same quarter of last year due to the increase and growth of sales during the current quarter by about 45% in all sectors of the company and the addition of the logistics services sector, which led to an increase in sales and profits. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is |
The increase in net profit during the previous quarter compared to the current quarter is due to the increase in sales of the previous quarter compared to the current quarter by 31%. |
| Statement of the type of external auditor's report |
Emphasis of matter |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion |
We would like to draw attention to note No. (2-1) attached to the interim condensed financial statements, which indicates that the comparative figures presented in the interim condensed financial statements, with the exception of the interim condensed financial position list, are prepared by the company’s management and no interim financial statements have been issued in it. Summary for the period ending on March 31, 2020. |
| Reclassification of Comparison Items |
Certain comparative figures have been re-presented and classified to conform to the presentation for the current period. |
| Additional Information |
The basic and diluted share of profit or loss for the current period and the previous period was calculated by dividing the net profit or loss for the period after zakat attributable to the shareholders of the company by the weighted average number of ordinary shares outstanding at the end of the current period amounting to 2,500,000 shares after taking the retroactive increase in shares. We note that the comparative figures presented in the announcement for the first quarter of 2020 (the same quarter of the previous year) and the fourth quarter of 2020 (the previous quarter), are prepared by the company’s management, and there have been no short preliminary financial statements issued in them, since in light of the company's presence in the growth market of 2020 Prior to its move to the main market, TASI, only semi-annual interim financial statements were issued for the fiscal year 2020 , in line with the regulations and instructions in the parallel market, Nomu. |
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