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Zahrat Al Waha for Trading Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

OASIS 3007 36.21% 43.45 11.55
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 118,139,371 123,646,656 -4.454 91,050,667 29.751
Gross Profit (Loss) 22,639,556 20,946,147 8.084 23,640,840 -4.235
Operational Profit (Loss) 19,525,109 16,548,283 17.988 19,559,904 -0.177
Net Profit (Loss) after Zakat and Tax 20,323,342 12,912,046 57.398 13,842,837 46.814
Total Comprehensive Income 20,577,764 13,123,199 56.804 13,854,746 48.525
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Total Share Holders Equity (after Deducting Minority Equity) 272,916,662 236,306,567 15.492
Profit (Loss) per Share 1.35 0.86
All figures are in (Actual) 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 reason for the increase in the net profit of the current quarter compared to the same quarter of the previous year is due to:

- Decrease in cost of goods sold

- Decrease in selling and distribution expenses

- Decrease in general and administrative expenses

- Decrease in finance costs

- Increase in investment profits and non-activity revenues

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 reason for the increase in the net profit of the current quarter compared to the previous quarter is due to:

- Increase in Sales

- Decrease in general and administrative expenses

- Increase in investment profits and non-activity revenues

Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items No
Additional Information 1- Selling and distribution expenses decreased during the current quarter compared to the same quarter of last year by 7.71%.

2- General and administrative expenses decreased during the current quarter compared to the same quarter of last year, by 22.32%.

3- Financing costs decreased during the current quarter compared to the same quarter of last year, by 12.96%.

4- A decrease in the balance of long-term loans on 31, March 2021 by 32.84%, compared to the balance of 31, December 2020.

5- The profits of the activity amounted to 73% of the net profits of the current quarter.

6- Basic earnings per share is calculated by dividing income for the period attributable to the Company’s ordinary shareholders by the weighted average number of ordinary shares outstanding during the period,the diluted earnings per share are the same as the basic earnings per share as the company has no diluted instruments.

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