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Saudi Public Transport Co. announces its interim Financial results for the period ending on 2019-06-30 ( Six Months )

SAPTCO 4040 -0.86% 16.08 -0.14
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 428,866 325,459 31.772 411,058 4.332
Total Profit (Loss) 32,143 29,513 8.911 -4,300 -
Profit (Loss) Operational -2,020 -31,364 -93.559 -32,502 -93.784
Net Profit (Loss) after Zakat and Tax -9,858 -29,809 -66.929 -10,693 -7.808
Total Comprehensive Income -9,327 -23,700 -60.645 4,606 -
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 839,924 559,638 50.083
Total Profit (Loss) 27,843 32,554 -14.471
Profit (Loss) Operational -34,522 -51,130 -32.481
Net Profit (Loss) after Zakat and Tax -20,551 -34,129 -39.784
Total Comprehensive Income -4,721 -15,427 -69.397
Total Share Holders Equity (after deducting minority equity) 1,580,339 1,540,740 2.57
Profit (Loss) per Share -0.16 -0.28
All figures are in (Thousands) 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 Reason for decline losses during the current quarter compared to the same quarter last year:

1. High activity revenue due to increase in subsidiary revenue.

2. A slight decrease in sales and distribution expenses.

3. Same quarter of the previous year included an impairment loss for assets held for sale and impairment loss for property , plant and equipment. .

Reason for increase (decrease) in net profit for current quarter compared to the previous quarter Reason for decline losses during the current quarter compared with the previous quarter:

1. High activity revenue due to increase in subsidiary revenue.

2. Decrease in cost of revenue.

3. Decrease in cost of Zakat and income tax.

Reason for increase (decrease) in net profit for current period compared to the similar period of the previous year Reason for decline losses during the current period compared to the same period last year:

1. High activity revenue due to increase in subsidiary revenue.

2. A slight decrease in sales and distribution expenses.

3. Same quarter of the previous year included an impairment loss for assets held for sale and impairment loss for property , plant and equipment.

4. Increase of other revenue.

5. Increase in the profits of a joint venture.

6. Decrease in cost of Zakat and income tax

Type of the external auditor's opinion Unmodified opinion

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