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Saudi Parts Center Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )

SPC 9533 8.05% 76.50 5.70
Element List Current Period Similar period for previous year %Change
Sales/Revenue 44,352 38,324 15.73
Gross Profit (Loss) 15,381 13,706 12.22
Operational Profit (Loss) 3,427 3,391 1.06
Net Profit (Loss) after Zakat and Tax 2,841 2,819 0.78
Total Comprehensive Income 2,841 2,594 9.52
Total Share Holders Equity (after Deducting Minority Equity) 37,549 34,708 8.19
Profit (Loss) per Share 0.95 0.94
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Explanation
Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to 1- Increase 6 million riyals in SPC revenues as the result of obtain more available market opportunities in order to achieve company targets

2- Increasing the gross profit by 1.7 million riyals as a result of increase the revenue.

3- Increase operating expenses by 1.7 million riyals as a result of increase in employees costs in addition to the costs of licenses related to the information technology and professional fees as a result of the company’s listing in the parallel market

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 N/A
Reclassification of Comparison Items Some comparative figures have been reclassified to fit the current view
Attached Documents