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 decrease in net profit during the current quarter of 2021 compared to the net profit for the same quarter of 2020 was mainly due to a decrease of profit margin because of the increase in the cost of some products, which had an impact on the decrease in gross profit by 34.88%, in addition to increase of selling and distribution cost, although a 33% increase in quarter sales of Sar 15.24 million and increased other 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 achieving a net income during the current quarter of year 2021 compared to net loss during the previous quarter for year 2020 is due to improving of profit margin compared to the previous quarter , which positively affected the increase of gross margin by 9.69% . in addition to the increase of the quarter sales by 9.45% with amount of SR 5.3 million , and decrease of general and administration cost and selling and distribution cost , although the decrease of other revenues |
Statement of the type of external auditor's report |
Unmodified conclusion |
Reclassification of Comparison Items |
Certain comparative figures for the previous period have been reclassified to conform to the way they are presented for the current period. |
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