| Element List |
Explanation |
| 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 decline in sales during the current quarter compared to the same quarter of the previous year is due to a change in the sales mix between the wholesale and retail segments, resulting from the implementation of the company’s strategy aimed at expanding through the opening of new branches for the retail segment. This expansion led to a 10% increase in retail sales; however, the decline in wholesale sales directly impacted total sales during the period. |
| 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 decrease in net profit during the current quarter compared to the same quarter of the previous year is attributable to a decline in sales within the water segment, in addition to the recognition of non-operating gains in the same quarter of the previous year resulting from the sale of a plot of land, which had been previously disclosed to the shareholders. Despite the decline in sales, the company maintained a stable gross profit margin due to effective control over the cost of sales. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
The company recorded a 15% increase in sales during the current quarter compared to the previous quarter. This growth is mainly attributed to higher retail sales, supported by the company's strategic direction to expand branch openings and increase its sales. Improved logistics transportation revenue also contributed to this growth. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is |
Net profit increased during the current quarter compared to the previous quarter by 31%. This improvement is primarily attributed to a 15% increase in revenue, supported by the growth in retail sector sales and improved revenue from logistics services. These factors positively impacted the company’s operating performance and profitability during the quarter. This comes as a continuation of the company’s strategic direction aimed at enhancing operational efficiency and achieving sustainable growth. |
| 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 decline in sales during the current period compared to the corresponding period of the previous year is due to a decrease in wholesale segment sales, while retail segment sales achieved growth driven by the company’s strategic direction to strengthen its presence in this segment. Table eggs segment sales were also impacted by operational factors related to the strategic expansions currently being implemented by the company as part of its sector development plans, which were previously disclosed to shareholders. |
| 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 decrease in net profit during the current period compared to the corresponding period of the previous year is due to a decline in water segment sales, in addition to higher operating expenses related to the opening of new branches under the retail expansion plan. It is also attributable to an increase in expected credit loss provisions. This decrease was further impacted by the expenses of the poultry segment, which remains under the company’s future expansion plan. |
| Statement of the type of external auditor's report |
Unmodified conclusion |
| 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) |
Not applicable |
| Reclassification of Comparison Items |
Certain comparative figures have been reclassified to conform with the current period’s presentation. |
| Additional Information |
- |
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