Al Jazeira Services Company SAOG (AJSS) Earnings Call Transcript & Summary

[Foreign Language] and Ramadan Kareem. Welcome to the session on financial statements for the year ended 31 December 2024. We have uploaded our financial on Muscat Securities Exchange website on 27th of February, 2024. We are just hearing the income statement to have a brief overview on the financial performance of the company. As you see in the top line, that is the revenue from catering and allied services business for the year were OMR 10.7 million up by 5% compared to OMR 10.2 million for the year 2023. The gross profit at OMR 1.9 million was up by 7% compared with the last year. Gain from investment segment was at OMR 434,000, against OMR 363,000. The share of profit from Al Anwar Ceramics was down by 5% to OMR 64,000 from OMR 1.4 million in 2023. Therefore, the net profit for the year 2024 was OMR 967,000, OMR 2.3 million for the previous year. The shareholders in the balance sheet, if you see the total shareholder capital of business was at OMR 15.4 million against OMR 17.7 million. As you are aware, we went for capital reduction and by 30%. And that is the reason -- this is the main reason for this -- our shareholder equity is down. So book value per share for 31st December 2024 is OMR 1.97 against OMR 1.59 as on 31st December 2023. This is from our side for now. The floor is now open for discussion. Please go ahead with your questions. As there is no questions from the attendees, we conclude the today's session. Thank you very much.