| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is |
The reason for the increase in revenues during the current quarter compared to the same quarter of the previous year is due to the increase in the company’s share of profits from associate companies during the current quarter (Profit from the contribution in the Arab Tank Company). |
| 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 net losses in the current quarter compared to the same quarter of the previous year is due to an increase in operating expenses and also the formation in the Zakat provision during this current quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
The decrease in revenues during the current quarter compared to the previous quarter is due to the distribution of dividends by Southern Cement Company in the previous quarter with amount of 78,433 Saudi Riyal. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is |
The reason for the increase in the net losses in the current quarter compared to the same quarter of the previous year is due to an increase in operating expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is |
The reason for the increase in revenues during the current period compared to the same period of the previous year is due to the increase in the company’s share of the profits of associate companies during the current period (Profit from the contribution in the Arab Tank Company) |
| 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 the net losses in the current period compared to the same period of the previous year is due to an increase in operating expenses and also an increase in the Zakat provision during the current period. |
| Statement of the type of external auditor’s report |
Other Matter |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) |
The statements for the year ended December 31, 2023, and the condensed consolidated interim financial information for the three and six-month periods ended June 30, 2023 and the three-month period ended March 31, 2024 were audited by another auditor who expressed an unmodified opinion on those consolidated financial statements dated March 17, 2023 and an unmodified conclusion on that information dated September 11, 2023 and May 13, 2024, respectively. |
| Reclassification of Comparison Items |
None |
| Additional Information |
– |
