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)
746.543
685.186
8.954
Profit (Loss) per Share
0.67
0.84
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 main reason for the decrease in net profit during the current quarter by 20.28% compared to the same quarter of the previous year is due to the increase in the cost of raw materials by 69.60% and 13.7% while selling price of products increased by 60.51% and 11.48 % in the construction and electricity sectors, respectively. In addition to that sales quantities in the construction sector are decreased by 35.7%.
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 main reason for the decrease in net profit during the current quarter by 15.15% compared to the previous quarter is the increase in the cost of raw materials by 5.7% and 22.9% in addition to the decrease in the selling prices of products by 3.85% and 0.51% in the construction and electricity sectors, respectively.
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
No
Reclassification of Comparison Items
Certain comparative figures have been reclassified to comply with the current period presentation of the financial statements.
Comments