Tawasul
Mubasher TV
Contact Us Advertising   العربية

United International Transportation Co. announces its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )

BUDGET SAUDI 4260 2.11% 31.45 0.65
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 255,644 261,967 -2.413 254,469 0.461
Gross Profit (Loss) 77,212 71,193 8.454 73,683 4.789
Operational Profit (Loss) 48,645 47,122 3.232 46,256 5.164
Net Profit (Loss) after Zakat and Tax 45,243 43,112 4.942 43,477 4.061
Total Comprehensive Income 45,243 43,112 4.942 43,477 4.061
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 769,521 782,883 -1.706
Gross Profit (Loss) 222,434 199,827 11.313
Operational Profit (Loss) 138,747 134,995 2.779
Net Profit (Loss) after Zakat and Tax 130,324 123,536 5.494
Total Comprehensive Income 130,324 123,536 5.494
Total Share Holders Equity (after Deducting Minority Equity) 1,149,929 1,087,133 5.776
Profit (Loss) per Share 1.83 1.74
All figures are in (Thousands) Saudi Arabia, Riyals
Capital
711,666
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Explanation
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to The increase in net profit is mainly due to better utilization of short term rentals along with to increase in the net car sale gain as a result of the improved mode of sales to individual and bulk buyers, along with the type of vehicle mix.
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to The increase in net profit is mainly due to the increase in net car sales gain. The better gain on sale as a result of consistent better conditions and mix of the vehicles, in addition, to an improved mode of sales to individual and bulk buyers.
Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to The increase in net profit is mainly due to better utilization of short term rentals along with to increase in the net car sales gain as a result of the improved mode of sales to individual and bulk buyers, along with the type of vehicle mix.
Basis of the External Auditor's Opinion Unmodified opinion
Reclassification of Comparison Items Certain comparative figures have been reclassified to conform to the current period's presentation according to International Financial Reporting Standards (IFRS)

Comments