| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit increased during the current quarter compared to the equal quarter from last year due to the increase in revenue resulting from sales growth and the reduction of the cost of raw materials. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is | Net profit increased during the current quarter compared to the previous quarter due to the increase in revenue resulting from sales growth and the expansion of client base. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit increased during the current period compared to the equal period due to the increase in revenue resulting from sales growth and the alleviation of the precautionary measures followed in the Kingdom of Saudi Arabia. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | There’s no |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to correspond to the current period presentation |
| Additional Information | The weighted average number of shares for the period ending on30-09-2020 has been adjusted in line with the weighted average number of new shares after its increase on 30-09-2021. 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. The earnings per share was calculated as of 30-09- 2021 based on the weighted average number of shares outstanding at the end of the period the adjusted earnings per share is the same as the basic earnings per share as the group has no convertible securities nor reduced financial instruments to exercise. The weighted average number of shares was amended retrospectively for Q1, Q2 and Q3 , 2020 to align with the new number of shares after their increase during the period ended 30-09-2021 as required per international accounting standard no, 33 (Earnings per share) (for more details refer to note 1). |
