|The reason of the increase (decrease) in the net profit during the current year compared to the last year is
|The reason for the decrease in net profit for the current year compared to the previous one is due to:- Increase in operating, production, and raw material expenses- Increase in general and administrative expenses, and the company incurs one-time expenses related to the process of increasing the capital through the issuance of priority rights shares
|1. Earnings per share for the current year was calculated from the net profit for the period and the earnings per share from the main operations based on the weighted average number of shares during the period, which amounts to 5,237,304 shares, according to the extraordinary general assembly which was convened on October 05, 2020, the shareholders decided to increase the capital to 9,041,760 shares through the issuance of 4,520,880 ordinary shares by issuing priority rights shares on the date of the Extraordinary General Assembly, and the rights shares were added on November 04, 2020. The profit per share for the current year was adjusted accordingly to reflect the effect of the increase in the capital, and the profit per share for the previous year was calculated from the net profit of the period and earnings per share from the main operations based on the weighted average number of shares during the period amounting to 4,287,611 shares as according to the Extraordinary General Assembly Which was convened on April 23, 2019. The shareholders decided to increase the capital to 4,520,880 shares by issuing a grant to the shareholders on the date of the Extraordinary General Assembly.2. The company applied IFRS 16 (leases). In force Since the 1st of January 2019.