| 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 |
The main reason for the decrease in gross profit during the first quarter of the fiscal year 2023 AD compared to the same quarter of the previous year is due to the decrease in revenues, and the reason for the increase in net loss is due to the previous reason in addition to the increase in financing expenses. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is |
The main reason for the decrease in the gross profit during the first quarter of the fiscal year 2023 AD compared to the gross profit during the previous quarter is due to the decrease in revenues, and the increase in the net loss is due to the previous reason in addition to the decrease in other revenues and the increase in financing expenses. |
| Statement of the type of external auditor's report |
Unmodified conclusion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion |
NA |
| Reclassification of Comparison Items |
Certain figures for the comparison period have been reclassified to conform with the presentation for the current period. |
| Additional Information |
• Total revenues during the current quarter amounted to 210.93 million riyals, compared to 236.42 million riyals for the same quarter of the previous year, a decrease of 10.78%, and compared to 232.29 million riyals in the previous quarter, a decrease of 9.2%. • Total shareholders' equity (after excluding minority interests) at the end of the current quarter amounted to 622.6 million riyals, compared to 638.46 million riyals for the same quarter of the previous year, a decrease of 2.48%, and compared to 637.94 million riyals at the end of the previous quarter, a decrease of 2.4% • The accumulated losses amounted to 85.71 million riyals, which represents 14.29% of the capital. |
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