| 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 reason for recording a net loss in return for achieving a net profit during the same quarter of the previous year is due to the decrease in gross profit and recording operating loss compared to operating profits during the same quarter of the previous year resulting mainly from the decrease in the gross profit from sales, decrease in the gross profit from investments, the decrease in other income, increase in finance charges and increase in Zakat Expense |
| 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 reason for recording a net loss in return for achieving a net profit during previous quarter is due to the decrease in gross profit and recording operating loss compared to operating profits during previous quarter resulting mainly from the decrease in the gross profit from sales, decrease in the gross profit from investments, increase in selling and distribution expenses, increase in general and administrative expenses, decrease in other operating income, increase in finance charges and increase in Zakat Expense |
| 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 draw attention to note No. (9) to the accompanying consolidated financial statements, which states position of the two lawsuits against the seller of the land located in the north of Riyadh, at Al Khair District, and against the broker of the purchase deal. Our conclusion is not modified in respect of this matter. |
| Reclassification of Comparison Items |
N/A |
| Additional Information |
N/A |
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