Correction announcement from Al-Babtain Power and Telecommunication Co. regarding Annual Financial results for the period ending on 2023-12-31

Correction announcement from Al-Babtain Power and Telecommunication Co. regarding Annual Financial results for the period ending on 2023-12-31

|Element List||Explanation|

|Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website||2024-03-30 Corresponding to 1445-09-20|

|Hyperlink to the Previous Announcement||Click Here|

|Incorrect statements in the previous announcement|| Total revenue of year 2023 was million SR 2,480 compared with total revenue of year 2022 was million SR 2,163.5.

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Gross profits of year 2023 was million SR 386.8 compared with Gross profits of year 2022 was million SR 235

Operational profit for year 2023 was million SR 307 Compared with Operational profit of year 2022 was million SR 162

|Correct Statement|| Total revenue of year 2023 was million SR 2,490 compared with total revenue of year 2022 was million SR2,197.

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Gross profits of year 2023 was million SR 397.3 compared with Gross profits of year 2022 was million SR 268.6

Operational profit for year 2023 was million SR 317.5 Compared with Operational profit of year 2022 was million SR 195.5

|Additional Information||There is no effect on the achieved net profits of the period ended 31-12-2023|