Al Abdullatif Industrial Investment Co. announces its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 133.85 | 147.62 | -9.328 | 172.9 | -22.585 |
| Gross Profit (Loss) | 12.18 | 14.42 | -15.533 | 18.79 | -35.178 |
| Operational Profit (Loss) | 4.35 | 4.81 | -9.563 | 8.83 | -50.736 |
| Net Profit (Loss) after Zakat and Tax | 2.2 | 1.72 | 27.906 | 4.12 | -46.601 |
| Total Comprehensive Income | 2.2 | 1.72 | 27.906 | 4.12 | -46.601 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 475.59 | 466.79 | 1.885 |
| Gross Profit (Loss) | 47.4 | 45.28 | 4.681 |
| Operational Profit (Loss) | 20.29 | 19.98 | 1.551 |
| Net Profit (Loss) after Zakat and Tax | 9.71 | 11.82 | -17.851 |
| Total Comprehensive Income | 9.71 | 11.82 | -17.851 |
| Total Share Holders Equity (after Deducting Minority Equity) | 1,173.29 | 1,184.8 | -0.971 |
| Profit (Loss) per Share | 0.12 | 0.15 | |
| 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 reasons for the decrease in gross profit and operating profit during the current quarter compared with the same quarter of the previous year are due to:
1- Decrease in sales. 2- Increase in industrial expenses. 3- Increase in selling expenses, It should also be noted that the increase in net profit and net comprehensive income during the current quarter compared with the same quarter of the previous year are due to: 1. Increase in other income. 2- Decrease of Zakat provision. |
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | The reasons for the decrease in gross profit from business, operating profit, net profit and other comprehensive income during the current quarter compared with the previous quarter are due to:
1- Decrease in sales. 2- Increase in cost of sales attributable to sales. |
| Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to | The reasons for the increase in gross profit and operating profit during the current period compared with the same period of the previous year are due to:
1- Increase in sales 2- Decrease in the cost of materials attributable to sales 3- Decrease in general and administrative expenses, It should also be noted that the Decrease in net profit and net comprehensive income during the current period compared with the same period of the previous year are due to: 1- Decrease in other income. 2- Increase in finance expenses. |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform to the current year presentation |
| Additional Information |
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