Arriyadh Development Co. announces its interim Financial results for the period ending on 2018-09-30 ( Nine Months )
Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
---|---|---|---|---|---|
Sales/Revenue | 57.16 | 60.19 | -5.034 | 60.92 | -6.172 |
Total Profit (Loss) | 44.6 | 47.7 | -6.498 | 48.3 | -7.66 |
Profit (Loss) Operational | 41.2 | 45 | -8.444 | 44.5 | -7.415 |
Net Profit (Loss) after Zakat and Tax | 41.9 | 46.3 | -9.503 | 44.6 | -6.053 |
Total Comprehensive Income | 19.17 | 60.58 | -68.355 | 46.16 | -58.47 |
All figures are in (Millions) Saudi Arabia, Riyals |
Element List | Current Period | Similar period for previous year | %Change |
---|---|---|---|
Sales/Revenue | 176.8 | 190.6 | -7.24 |
Total Profit (Loss) | 139.5 | 153.1 | -8.883 |
Profit (Loss) Operational | 129.1 | 143.6 | -10.097 |
Net Profit (Loss) after Zakat and Tax | 130 | 135.5 | -4.059 |
Total Comprehensive Income | 117.9 | 137.1 | -14.004 |
Total Share Holders Equity (after deducting minority equity) | 1.895 | 1.855 | 2.156 |
Profit (Loss) per Share | 0.98 | 1.02 | |
All figures are in (Millions) Saudi Arabia, Riyals |
Element List | Explanation |
---|---|
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year | Decrease of net profit during this quarter is due to decrease of operating sector revenue and other income.with no impact on the leasing sector. |
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter | Decrease of net profit during this quarter is due to decrease of operating sector revenue and other income.with no impact on the leasing sector. |
Reason for increase (decrease) in net profit for current period compared to the similar period of the previous year | Decrease of net profit during this quarter is due decrease operating sector revenue.with no impact on the leasing sector. |
Type of the external auditor's opinion | Unmodified opinion |
Reclassifications in quarter financial result | Reclassification of comparative figures compatible with the display tab for the current period has been done. |
Additional Information | The decrease in comprehensive income during the quarter is an unrealized loss as a result of revaluation priceof the real estate fund which has no impact on the share In the net profit for the period. The Company has adopted the international financial reporting (IFRS) effective 1 january 2017. The Company has adopted International Standards No. (9) and (15) as of 1 January 2018. |
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