Saudi Top for Trading Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )

Saudi Top for Trading Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )

| Reclassification of Comparison Items

|| The management made a detailed assessment of the costs amounting to 9.1 million Saudi riyals incurred by the company in connection with the listing of the company's shares in Nomu (Saudi Parallel Stock Market) in light of the requirements of the International Financial Reporting Standards and the clarifications issued by the Saudi Organization for Auditors and Accountants (SOCPA). The aforementioned evaluation resulted in the reclassification of the statement of financial position, statement of profit and loss, other comprehensive income and statement of cash flows in accordance with International Accounting Standard 8 - “Accounting Policies and Changes in Accounting Estimates and Errors”. As a result of the aforementioned assessment, an amount of SAR 45,000 incurred up to June 30, 2022 AD related to the inclusion of the company’s shares in Nomu was recorded in the profit or loss statement for the period ending on June 30, 2022. For more details, please refer to note 19 in the financial statements for the six-month period ending in June 30, 2023

|