Advance International Company for Communication and Information Technology clarified some information about the financial results for the current period and the similar period last year, The company explained that revenues during the announced period were 25,570,027, while in the previous year they were 23,232,452, a change of 10.061%. It also explained that the net profit amounted to 5,157,096, while last year it amounted to 4,502,037, with a change rate of 14.55%. The total equity (after excluding non-controlling interests) was 42,462,708, while last year, it amounted to 38,756,591, with a change rate of 9.562%. The earnings per share amounted to 0.08, compared to 0.07 previously. (All figures are in Saudi Arabia, Riyals). The company also explained that the increase in revenue is attributed to project sales, which grew by 10%, mainly generated from software sales and installation services related to access control systems, security gates, metal detectors, and surveillance cameras. The increase in net profit by 14% is due to a 10% rise in project sales, mainly generated from software sales and installation services. This was achieved while maintaining relative stability in direct operating costs despite the increase in sales, leading to a higher gross profit percentage compared to the sales growth percentage. Other auditors reviewed the condensed interim financial statements of profit or loss and other comprehensive income, changes in equity, and cash flows for the six months ended June 30, 2023, and issued an unmodified report dated 20 Muharram 1444H (corresponding to August 7, 2023).