(All amounts in Saudi Riyals thousands, unless otherwise stated)

Statement of profit or loss and other comprehensive income

Statement of profit or loss and other comprehensive income
DescriptionNotesYear ended December 31, 2025Year ended December 31, 2024
Revenue258,103,35510,035,854
Cost of revenue26(6,924,583)(8,700,229)
Gross profit1,178,7721,335,625
Selling and distribution expenses27(36,285)(64,210)
General and administrative expenses28(252,903)(281,252)
Impairment reversal / (loss) on financial assets111,409(1,500)
Other (expenses) / income(561)11,982
Operating profit890,4321,000,645
Finance income2946,64979,942
Finance cost30(63,146)(92,174)
Profit before Zakat and income tax873,935988,413
Zakat and income tax31(18,620)(16,385)
Profit for the year855,315972,028
Other comprehensive income:
Items that will not be reclassified to profit or loss:
Re-measurement gain on employee benefit obligations1915,6023,631
Total comprehensive income for the year870,917975,659
Basic and diluted earnings per share175.085.78

Statement of profit or loss and other comprehensive income

Statement of profit or loss and other comprehensive income
DescriptionNotesYear ended December 31, 2025Year ended December 31, 2024
Revenue258,103,35510,035,854
Cost of revenue26(6,924,583)(8,700,229)
Gross profit1,178,7721,335,625
Selling and distribution expenses27(36,285)(64,210)
General and administrative expenses28(252,903)(281,252)
Impairment reversal / (loss) on financial assets111,409(1,500)
Other (expenses) / income(561)11,982
Operating profit890,4321,000,645
Finance income2946,64979,942
Finance cost30(63,146)(92,174)
Profit before Zakat and income tax873,935988,413
Zakat and income tax31(18,620)(16,385)
Profit for the year855,315972,028
Other comprehensive income:
Items that will not be reclassified to profit or loss:
Re-measurement gain on employee benefit obligations1915,6023,631
Total comprehensive income for the year870,917975,659
Basic and diluted earnings per share175.085.78

The accompanying notes from 1 to 36 form an integral part of these financial statements.

  • Ibrahim Qassim Al-Buainain — Chairman of the Board
  • Samer Abdulaziz M. Al-Hokail — President & Chief Executive Officer
  • Saud Fouad Kamakhi — Chief Financial Officer