Date of Posting the Previous Announcement of Development on Tadawul's Website
2019-10-31 Corresponding to 1441-03-03
Change on the Development
non
Financial Impact on the change
non
Additional Information
The adoption of IFRS 16 had a negative impact on the financial results during the nine months period ended September 2019 compared with the same period of the last year, resulting in a decrease in net profit (loss) after Zakat, tax and the total Comprehensive Income by an amount of SAR 7.077 million compared to the adoption of IAS 17, which was effective during the last year.
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