AYYAN Investment Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 75,596,202 | 72,533,206 | 4.222 | 60,796,824 | 24.342 |
| Gross Profit (Loss) | 19,127,480 | 21,450,727 | -10.83 | 6,495,928 | 194.453 |
| Operational Profit (Loss) | 1,562,587 | 1,871,485 | -16.505 | -11,289,796 | - |
| Net Profit (Loss) after Zakat and Tax | 13,617,756 | 8,522,137 | 59.792 | -7,960,199 | - |
| Total Comprehensive Income | 13,617,756 | 8,522,137 | 59.792 | -13,290,961 | - |
| 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) | 822,074,357 | 758,169,957 | 8.428 |
| Profit (Loss) per Share | 0.17 | 0.1 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Accumulated Losses | Percentage % | ||
|---|---|---|---|
| 0 | 0 | ||
| 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 profits of the current quarter compared to the profits of the same quarter of the previous year is due to the following:
1. Higher revenue. 2. Decreased general and administrative expenses. 3. Higher dividends received. 4. Achieving profits from investing in an associate company in return for realizing losses for the same quarter of the previous year. 5. Increase in unrealized profits from investments at fair value through profit or loss. |
| 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 profits during the current quarter compared to realizing losses during the previous quarter is due to the following:
1. Increase in revenues during the current quarter. 2. Higher gross profit. 3. Higher profits from investing in an associate company. 4. Realizing unrealized profits from investments at fair value through profit or loss during the current quarter, in return for realizing unrealized losses during the previous quarter. 5. Increase in other revenue. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Some comparative figures have been reclassified to conform to the current year's classification |
| Additional Information | Earnings per share have been calculated from the profit for the period by dividing the net profit for the period (after excluding minority interest) by the weighted average number of shares outstanding during the period as follows
Current Quarter: 13,415,862 / 80,636,328 = 0.17
The same quarter of the previous year has reached earnings per share: 7,366,484 / 73,732,069 = 0.10 |
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