Date: 7/8/2024
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 48.53 | 49.89 | -2.725 | 56.49 | -14.09 |
| Gross Profit (Loss) | 14.48 | 13.71 | 5.616 | 14.22 | 1.828 |
| Operational Profit (Loss) | 2.76 | 3.38 | -18.343 | 0.99 | 178.787 |
| Net profit (Loss) | 1.96 | 2.69 | -27.137 | 2.65 | -26.037 |
| Total Comprehensive Income | 1.16 | 2.79 | -58.422 | 2.23 | -47.982 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 240.19 | 245.61 | -2.206 |
| Profit (Loss) per Share | 0.1 | 0.13 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | – | – | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Sales decreased during this quarter compared to the same quarter of the previous year by 1.3 million riyals, a percentage of 2.73%, which is considered a slight decrease. This is due to the coincidence of Eid Al-Fitr and Eid Al-Adha holidays in this quarter, while in the same quarter of the previous year there was only Eid Al-Fitr holiday. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit decreased in the current quarter compared to the same quarter of the previous year by 27.14% due to: –
– Increase in general , administrative , selling and marketing expenses in the current quarter compared to the same quarter of the previous year. – Financing cost increased in the current quarter compared to the same quarter last year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Sales decreased during this quarter compared to the previous quarter by 14.09%, mainly due to the seasonal nature of demand during the previous quarter. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit decreased in the current quarter compared to the previous quarter by 26.04% due to: –
– Financing cost increased in the current quarter compared to the previous quarter – Other revenues decreased in the current quarter compared to the previous quarter. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| 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) | Nothing |
| Reclassification of Comparison Items | Nothing |
| Additional Information | Nothing |
