| Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year |
The increase in net profit due to higher gross profit caused by improved margins of some products and services |
| Reason for increase (decrease) in net profit for current quarter compared to the previous quarter |
The Net Profit has increased due to the Increase in sales across all departments as a result of having the Mega Sale event during the fourth quarter of every year, that positively contributed towards better gross and operation profit despite the Increase in selling and administration expenses as well as Zakat expenses. |
| Reason for increase (decrease) in net profit for current period compared to the similar period of the previous year |
The increase in net profit due to increase in sales compared to the same period last year, which led to higher gross profit in addition to increasing the margin on some products and services. |
| Type of the external auditor's opinion |
Unmodified opinion |
| External auditor's report containing reservation |
These estimated financial results for the period ended December 31, 2018 are prepared by the management of the Company and these results are not reviewed by the external auditors |
| Reclassifications in quarter financial result |
Some comparative figures have been reclassified to be consistent with the presentation of the current period |
| Additional Information |
Earning per Share for the previous year has been modified after approval of capital increase which has been approved on 18 Sep 2018 in the extraordinary General Assembly meeting |
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