Marble Design Factory Company announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 26,793,279 | 25,274,210 | 6.01 | ||
| Gross Profit (Loss) | 11,211,221 | 10,771,946 | 4.08 | ||
| Operational Profit (Loss) | 10,123,878 | 10,566,282 | -4.19 | ||
| Net Profit (Loss) after Zakat and Tax | 10,640,221 | 9,802,911 | 8.54 | ||
| Total Comprehensive Income | 10,640,221 | 9,802,911 | 8.54 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 97,706,074 | 95,246,743 | 2.58 | ||
| Profit (Loss) per Share | 1.77 | 1.63 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to | Increased revenues from main operating activities to reach 26,793,279 SAR compared to 25,274,210 SAR for the same period of the previous year, with a growth rate of 6.01%
Other revenues increased by 881,679 SAR by 428.69% compared to the same period of the previous year due to: Selling two lands located in Al-Aziziyah district in Riyadh.
The reason for the decrease in operating profit by 442,404 SAR by 4.186% is due to the increase in general and marketing expenses by 1,803,820 SAR by 31.43% compared to the same period of the previous year, mainly due to: Increasing additional expenses resulting from listing the company in the parallel market (Nomu). |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | None |
| Reclassification of Comparison Items | None |
| Additional Information | There are no minority equity in financial statements. |
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