Addendum Announcement from Al Rajhi Bank in regard to its interim financial results for the period ending on 2019-06-30 ( Six Months )
| Element List | Explanation |
|---|---|
| Date of posting the previous announcement on Tadawul’s website | 2019-07-30 Corresponding to 1440-11-27 |
| Change Details on development | Al Rajhi Bank would clarify some additional information in regard to interim financial results for the period ending on 2019-06-30 ( Six Months ):
Net income before Zakat for the second quarter ended 30 Jun 2019 is 2,867 million, in comparison to 2,885 million for the first quarter ended 31 March 2019 with a decrease of -0.6%. Moreover, net income after Zakat for the second quarter ended 30 Jun 2019 is 2,580 million, while it was 2,597 million for the first quarter ended 31 Mar 2019 with a decrease of -0.7%
Net income before Zakat for the second quarter ended 30 Jun 2019 is 2,867 million, in comparison to 2,569 million for the same quarter last year ended 30 Jun 2018 with an increase of 11.6%. Moreover, net income after Zakat for the second quarter ended 30 Jun 2019 is 2,580 million, while it was 2,474 million for the same period last year ended 30 Jun 2018 with an increase of 4.3%
Earning per share is calculated by dividing the net income after zakat for the period ended 30 Jun 2018 and 30 Jun 2019 by 2,500 million shares to give a retroactive effect of change in the number of shares increased as a result of the bonus shares issued. |
| Financial Impact on the change | N/A |
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