| 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 year is due to the following:- An increase in general and administrative expenses due to the formation of an allowance for credit losses for the year 2021.- Increase in the financing burden |
| Statement of the type of external auditor’s report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | None |
| Reclassification of Comparison Items | Some comparative figures have been reclassified to tally with the current presentation |
| Additional Information | The weighted average number of shares for the year ending on December 31, 2021, has been adjusted to align with the average number of new shares after increasing it during the year 2021. The calculation of basic/diluted earnings per share is based on the profit attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding. Earnings per share as of December 31, 2021, has been calculated based on the weighted average number of shares outstanding at the end of the year, the adjusted earnings per share are the same as the basic earnings per share as the group has neither convertible securities nor dilutive financial instruments to exercise. The weighted average number of shares on December 31, 2020 has been retrospectively modified to align with the average number of new shares after its increase during 2021. |
