All figures are in (Thousands) Saudi Arabia, Riyals
Element List
Current Period
Similar period for previous year
%Change
Sales/Revenue
1,440,245
1,826,586
-21.15
Gross Profit (Loss)
587,687
828,243
-29.044
Operational Profit (Loss)
979,342
1,314,700
-25.508
Net Profit (Loss) after Zakat and Tax
401,805
634,263
-36.65
Total Comprehensive Income
2,797,484
-51,923
-
Total Share Holders Equity (after Deducting Minority Equity)
30,091,952
30,815,001
-2.346
Profit (Loss) per Share
0.11
0.17
All figures are in (Thousands) Saudi Arabia, Riyals
Accumulated Losses
0
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
Reasons of decrease for quarter compared with same quarter last year due to Increase in loss on investments,decrease in other gain and increase in Hotels and other operating costs in addition to increase in finance charges. Despite of increase in dividend income and decrease in General, administrative and marketing expenses and increase in share of result from equity-accounted investees in addition to reversal of impairment of financial assets .
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to
Reasons of decrease for quarter compared with previous quarter due to increase in loss on investments and increase in Hotels and other operating costs in addition to increase in finance charges, increase of other loss. Despite of increase in dividend income and decrease in General, administrative and marketing expenses and increase in share of result from equity-accounted investees in addition to increase in reversal of impairment of financial assets .
Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to
Reasons of decrease for period compared with same period last year due to decrease in hotels and other operating revenues,decrease in gain on investments in addition to decrease in share of results from equity-accounted investees, increase in finance charges . Despite of increase in dividends income, decrease in General, administrative and marketing expenses and hotels and other operating costs and decrease in other gains, impairment of financial assets .
Basis of the External Auditor's Opinion
Unmodified opinion
Reclassification of Comparison Items
Comparative figures of the same period last year were reclassified to be consistent with current figures
Comments