Element |
Explaination |
Reasons of increase (decrease) for quarter compared with same quarter last year |
Were due to improved Operating Margins in the steel and air conditioning sectors. Net Profit improved because of reduction in Financial Charges and lower Taxes and Zakat. |
Reasons of increase (decrease) for period compared with same period last year |
Were due to improved Operating Margins in the steel and air conditioning sectors and higher Other Income, while on the other hand lower Non-controlling Interest and Financial Charges. |
Reasons of increase (decrease) for quarter compared with previous quarter |
Net Profit decrease was due to lower sales, seasonal impact and lower Operating Margins. |
Reclassifications in quarterly financial results |
Certain figures for the third quarter of 2013 have been reclassified to conform with the presentation in the current period. |
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