Saudi Paper Manufacturing Co. announces the interim financial results for the period ending on 31-03-2015 (Three Months)
| Element | Current quarter | Similar quarter for previous year | % Change Current | Previous quarter | % Change Previous | |
|---|---|---|---|---|---|---|
| Net profit (loss) | 4.86 | 8.13 | -40.22 | 3.16 | 53.8 | |
| Gross profit (loss) | 46.76 | 46.17 | 1.28 | 38.6 | 21.14 | |
| Operational profit (loss) | 15.28 | 16.19 | -5.62 | 7.57 | 101.85 | |
| Earning or loss per share, Riyals | 0.11 | 0.18 | - | - | - |
| All figures are in (Millions) Saudi Arabia, Riyals |
|---|
| Element | Explaination |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Decrease is due to increase in administrative expenses and Finance Charges. Also due to capital gain from sale of fixed assets realized during the comparative quarter in prior year. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase is due to increase in sales of tissue rolls, which is offset with a decrease in investments income compared to last quarter. |
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