Abdullah Saad Mohammed Abo Moati for Bookstores Co. announces its Interim Financial Results for the Period Ending on 2020-12-31 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 68.39 | 84.6 | -19.16 | 60.26 | 13.491 |
| Gross Profit (Loss) | 13.9 | 17.29 | -19.606 | 12.4 | 12.096 |
| Operational Profit (Loss) | 4.91 | 6.25 | -21.439 | 2.47 | 98.785 |
| Net Profit (Loss) after Zakat and Tax | 3 | 4.78 | -37.238 | 0.78 | 284.615 |
| Total Comprehensive Income | 2.4 | 5.1 | -52.941 | 2.53 | -5.138 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 164.81 | 221.55 | -25.61 |
| Gross Profit (Loss) | 34.18 | 44.25 | -22.757 |
| Operational Profit (Loss) | 9.07 | 16.18 | -43.943 |
| Net Profit (Loss) after Zakat and Tax | 4.5 | 10.12 | -55.533 |
| Total Comprehensive Income | 6.43 | 10.44 | -38.409 |
| Total Share Holders Equity (after Deducting Minority Equity) | 232.03 | 233.09 | -0.454 |
| Profit (Loss) per Share | 0.22 | 0.51 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Accumulated Losses | Capital | Percentage % | |
|---|---|---|---|
| 0 | 200 | 0 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The net profit decreased in the current quarter compared to the same quarter of the previous year by 37.24%, due to the decrease in sales by 19.16% due to the decisions issued by the competent authorities within the precautionary measures and decisions to convert the study pattern to distance education to mitigate the spread of the new Corona virus. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is | The net profit increased in the current quarter compared to the previous quarter by 284.62% due to the increase in sales in the current quarter as a result of returning of normal activities after the curfew period during thefirst quarter, in addition to paying customs differences pertaining toprevious years amount of 2,519,197 Saudi Riyals in the previous quarter, also A remuneration for the members of the Board of Directors with a value of 900,000 Saudi Riyals was recorded in the previous quarter on the profits
and losses Statement while recording 450,000 Saudi Riyals in the current quarter . |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The net profit decreased by 55.53% during the current period compared to the same period of the previous year, mainly due to the decrease in sales by 25.61% due to the decisions issued by the competent authorities within the precautionary measures and decisions to convert the study pattern to distance education to mitigate the spread of the new Corona virus. In addition to paying customs differences pertaining to previous years amounting to 2,519,197 Saudi riyals |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | None |
| Reclassification of Comparison Items | Some comparative figures have been restated to be consistent with the
presentation of the current period. |
| Additional Information | The earnings per share has been adjusted after increasing the companys capital from 160 million riyals to 200 million riyals by granting free shares based on the decision of the extraordinary general assembly on 08/21/2019 and the comparative figures were represented. |
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