| 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 the increase in losses is due to the increase in operating losses, mainly resulting from the decrease in gross profit due to the decrease in gross profit from sales, in addition to the increase in selling and distribution expenses, the recording of other operating losses during the quarter compared to other operating gain during the same quarter of the previous year, the decrease in currency exchange differences profits and the increase in expenses financing |
| 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 the increase in losses is due to the increase in operating losses, mainly resulting from the decrease in gross profit due to the decrease in gross profit from sales, in addition to the increase in selling and distribution expenses, the recording of other operating losses during the quarter compared to other operating gain during the previous quarter, in addition to the increase in financing expenses and the increase in tax expense |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is |
The reason for the increase in losses is due to recording operating losses compared to operating profits in the same period of the previous year, mainly resulting from the decrease in gross profit due to the decrease in gross profit from sales, the increase in selling and distribution expenses, the decrease in other operating income, the decrease in other income, and the recording of a loss from currency exchange differences against income from currency exchange differences during the similar period of the previous year and increase in financing expenses and 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 interim condensed 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 |
Certain figures of the prior period have been reclassified to conform with the presentation for the current period |
| Additional Information |
not applicable |
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