ELEMENT

CURRENT QUARTER

SIMILAR QUARTER FOR PREVIOUS YEAR

% CHANGE CURRENT

PREVIOUS QUARTER

% CHANGE PREVIOUS

Net profit (loss)

14,219.00

12,818.00

10.93

24424.00

-41.78

Gross profit (loss)

46,653.00

30,078.00

55.11

34412.00

35.57

Operational profit (loss)

10,658.00

2,549.00

318.12

6893.00

54.62

ELEMENT

CURRENT PERIOD

SIMILAR PERIOD FOR PREVIOUS YEAR

% CHANGE

Net profit (loss)

38,643.00

150,750.00

-74.37

Gross profit (loss)

81,065.00

67,093.00

20.82

Operational profit (loss)

17,551.00

12,859.00

36.49

Earning or loss per share, Riyals

0.31

1.21

-

ELEMENT

EXPLAINATION

Reasons of increase

(decrease) for quarter

compared with same

quarter last year

Reason for high current quarter net profit compared with the same quarter of the previous year because of Increase in operating revenues.

Reasons of increase

(decrease) for period

compared with same

period last year

Reasons for decline in net profit for the current period compared with the same period of the previous year: 1.The high cost of the activity.

2.Higher marketing expenses.

3.Prior period profit included capital gains from the expropriation of land.

4.Decrease from Equity investment profit in joint venture.

5.Increase in finance cost.

6.Increase in Zakat expense

Reasons of increase

(decrease) for quarter

compared with

previous quarter

Reasons for decline in net profit for the current quarter compared with the previous quarter: 1.Increase in operating cost.

2. Increase in general and administrative expenses.

3.Increase in marketing expenses.

4.Decrease from Equity investment profit in joint venture.

5.Decrease in other income.

6.Increase in finance cost.

7.Increase in Zakat expense.

Reclassifications in

quarterly financial

results

Comparative figures have been reclassified to conform with the presentation in the current year.