| Reasons of increase (decrease) for quarter compared with same quarter last year |
The decline in net income is due to financing charges for the amount of 16.7 million Riyal , and the reason for decline in operating profit is a provision for doubtful debts of proving debts of 8.6 million Riyal and an increase the studies and consulting expenses 3 million Riyal . |
| Reasons of increase (decrease) for period compared with same period last year |
The decline in net income is due to financing charges for the amount of 62.4 million Riyal , the gross income has increased due to an increase in revenue rental as a result of an increase in unites rented. |
| Reasons of increase (decrease) for quarter compared with previous quarter |
The decline in net income and operating income is due to the provision for doubtful debts of proving debts of 8.6 million Riyal and increase the studies and consultancy expenses of 3 million Riyal. |
| Other notes |
Total revenues increased by 9.5% to be 77.66 million Riyal during the quarter ended in 30 September 2016 compared to 70.90 million Riyal in the same quarter from previous year. Total revenues increased by 8.8% to be 224.95 million Riyal during the period ended in 30 September 2016 compared to 206.59 million Riyal in the same period from previous year. Total shareholders' equity (No minority interest) decreased by 1% to be 3374 million Riyal as of 30 September 2016 compared to 3408 million Riyal as of 30 September 2015 |
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