| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The reasons of the decrease in the company’s revenues are due to the following: – Decrease in the sales volume by 10% resulting from 2024 periodic scheduled maintenance. – Despite of the increase in netback prices by 2% |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reasons of the decrease in the company’s net profit are due to the following: – Decrease in the revenues by 7.6%. – Increase in Propane prices by 10%. – Recognized SAR 133M share in the losses on investment in SK Advanced during the current year as compared to SAR 97M share in losses last year. – Recording a provision for impairment of investment in SK Advanced amounting to SAR 212M. |
| Statement of the type of external auditor’s report | Unmodified opinion |
| 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) | None |
| Reclassification of Comparison Items | Certain of the prior period items have been reclassified to conform with the classification and presentation in the current year. However, such reclassification have not resulted in any impact on equity or profit for the prior period. |
| Additional Information | The change in other comprehensive income is mainly due to the profit (loss) incurred during the period in addition to unrealized fair value gain (loss) on the equity investment and exchange difference of investment in an associate. |
