All figures are in (Millions) Saudi Arabia, Riyals
Element List
Current Period
Similar period for previous year
%Change
Sales/Revenue
1,718.01
1,448.6
18.597
Gross Profit (Loss)
628.79
477.72
31.623
Operational Profit (Loss)
488.23
353.66
38.05
Net Profit (Loss) after Zakat and Tax
76.13
4.19
1,716.945
Total Comprehensive Income
76.13
4.19
1,716.945
Total Share Holders Equity (after Deducting Minority Equity)
19,102.31
19,013.68
0.466
Profit (Loss) per Share
0.07
0.004
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 income is mainly due to higher property sale. The increase in operating expenses, decrease in lease revenue and the lower non-operating income from Islamic Murabaha deposit were fully off-set with the decrease in finance cost and the increase in share of income from associates and further impacted the net income.
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 increase in net income is mainly due to higher property sale. The increase in operating expenses were fully off-set with the decrease in finance cost and the increase in share of income from associates and further impacted the net income.
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 increase in net income is mainly due to higher property sale. The decrease in lease revenue, increase in operating cost and the lower non-operating income from Islamic Murabaha deposit were fully off-set with increase in share of income from associates and further impacted the net 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
Comments