Mubasher TV
Contact Us Advertising   العربية

Aljouf Mineral Water Bottling Co. announces its Annual Financial results for the period ending on 2023-12-31

ALJOUF WATER 9532 -7.96% 26.60 -2.30
Element List Current Year Previous Year %Change
Sales/Revenue 76,873,031 73,978,442 3.91
Gross Profit (Loss) 39,006,820 30,586,254 27.53
Operational Profit (Loss) 5,784,445 6,747,091 -14.27
Net profit (Loss) 4,104,626 5,740,355 -28.5
Total Comprehensive Income 4,034,392 5,530,915 -27.06
Total Share Holders Equity (After Deducting the Minority Equity) 87,193,529 83,159,136 4.85
Profit (Loss) per Share 0.88 1.22
All figures are in (Actual) Saudi Arabia, Riyals


Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
Accumulated Losses - -
All figures are in (Actual) Saudi Arabia, Riyals


Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year The increase in sales value is due to the increase in the sales team and expansion
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The reason for the decrease in net profit in the current year compared to the previous year by 28.5% is due to an increase in selling and distribution expenses by 35%, as well as an increase in general and administrative expenses by 57% due to expansion. Likewise, the value of financing costs increased in the current year compared to the previous year by 140% due to the increase in interest rates on loans, despite an increase in sales by 3.9% compared to the previous year.
Statement of the type of external auditor's report Unmodified opinion
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) NA
Reclassification of Comparison Items Certain comparative figures have been reclassified to conform to the current presentation
Additional Information -
Attached Documents   

ALJOUF WATER Annual Financials Report 2023

Comments