Saudi Parts Center 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 | 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 |  |
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