Saudi Company for Hardware announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )
Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
---|---|---|---|---|---|
Sales/Revenue | 336.39 | 358.04 | -6.046 | 402.05 | -16.331 |
Gross Profit (Loss) | 67.02 | 62.4 | 7.403 | 86.28 | -22.322 |
Operational Profit (Loss) | 27.24 | 25.46 | 6.991 | 38.87 | -29.92 |
Net Profit (Loss) after Zakat and Tax | 15.63 | 11.72 | 33.361 | 24.19 | -35.386 |
Total Comprehensive Income | 16.1 | 12.8 | 25.781 | 24.96 | -35.496 |
All figures are in (Millions) Saudi Arabia, Riyals |
Element List | Current Period | Similar period for previous year | %Change |
---|---|---|---|
Total Share Holders Equity (after Deducting Minority Equity) | 599.26 | 553.66 | 8.236 |
Profit (Loss) per Share | 0.43 | 0.33 | |
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 increase in net profit for current quarter compared with same quarter of the previous year was due to;
- Improvement in gross profit margin - Decrease in the S&M expenses - Increase in Other Income - Decrease in the finance cost |
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 decrease in net profit for the current quarter compared to the previous quarter was due to the following;
- Decrease in sales linked with sales seasonality. - Decrease in Other Income |
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 | Comparative period figures have been reclassified to conform with current period classification numbers |
Comments