Naseej for Technology Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 94,853,126 | 93,366,443 | 1.59 | ||
| Gross Profit (Loss) | 29,169,340 | 30,161,842 | -3.29 | ||
| Operational Profit (Loss) | 9,912,387 | 13,191,622 | -24.86 | ||
| Net Profit (Loss) after Zakat and Tax | 7,744,258 | 9,873,426 | -21.56 | ||
| Total Comprehensive Income | 7,528,079 | 9,844,382 | -23.53 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 101,231,693 | 93,839,416 | 7.88 | ||
| Profit (Loss) per Share | 1.55 | 1.97 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to | The increase in general and administrative expenses which resulted from increase in professional fees related to the direct listing and increase in salaries expenses for the period compared to the same period last year. It is worth noting that revenue of June 30, 2021 included revenue amounted SAR 10.2M that was shifted from previous years as a result of applying IFRS 15. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to correspond to the current period presentation. |
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