Taiba Holding Co. announces the interim financial results for the period ending on 30-09-2014 (Nine Months)

22 October 2014 03:37 PM

TAIBA 4090 52.92% 41.90 14.50

Element		Current quarter	Similar quarter for previous year	% Change Current	Previous quarter	% Change Previous
Net profit (loss)		817.17	62.93	1,198.54	59.2	1,280.35
Gross profit (loss)		95.1	56.12	69.46	58.9	61.46
Operational profit (loss)		86.86	48.32	79.76	47.8	81.72

Element		Current period	similar period for previous year	% Change
Net profit (loss)		935.85	199.55	368.98
Gross profit (loss)		229.86	180.64	27.25
Operational profit (loss)		193.57	152.81	26.67
Earning or loss per share, Riyals		6.24	1.33	-

All figures are in (Millions) Saudi Arabia, Riyals

Element	Explaination
Reasons of increase (decrease) for quarter compared with same quarter last year	The main reason of the increase is due to the increase in operational revenes of the newly operated hotels , in addition to the capital gains resulted from the compnesation received by Taiba and Al-Aqeeq Co. - subsidiary co.- .
Reasons of increase (decrease) for period compared with same period last year	The main reason of the increase is due to the increase in operational revenes of the newly operated hotels , in addition to the capital gains resulted from the compnesation received byTaiba and Al-Aqeeq Co. - subsidiary co.- .
Reasons of increase (decrease) for quarter compared with previous quarter	The main reason of the increase is due the increase in both operational revenes and the capital gains resulted from the compnesation received by Taiba and Al-Aqeeq Co. - subsidiary co.- .
Reclassifications in quarterly financial results	Some figures of the corresponding year period of the previous year (2013) reclassified to facilitated comparisons with the current year 2014

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