Al-Omran Industrial Trading Co. announces the annual financial results for the period ending on 31-12-2016

16 March 2017 09:45 AM

ALOMRAN 4141 6.43% 35.60 2.15

Element	Current year	Previous year	% Change
Net profit (loss)	16,411	8,046	103.96
Earning or loss per share, Riyals	2.73	1.34	-
Gross profit (loss)	32,522	22,630	43.71
Operational profit (loss)	17,707	9,446	87.46
All figures are in (Thousands) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of annual financial results	High quantity and value of sales in order to grow in existing markets and open new markets and add new products
Reclassifications in annual financial results	some figures from the 2015 financial statement were reclassified with the current period
Other notes	. The total 2016 sales (137) million compared to (118) million last year a high of 16%. 2. total shareholders equity reached during the current year to 100 million riyals compared to 121 million last year a drop of 17%.

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