All figures are in (Millions) Saudi Arabia, Riyals
Element List
Current Period
Similar period for previous year
%Change
Sales/Revenue
189.71
165.51
14.62
Gross Profit (Loss)
3.82
12.12
-68.48
Operational Profit (Loss)
-19.29
-15.15
27.33
Net Profit (Loss) after Zakat and Tax
-24.84
-20.7
20
Total Comprehensive Income
-24.84
-20.7
20
Total Share Holders Equity (after Deducting Minority Equity)
326.96
247.43
32.14
Profit (Loss) per Share
-0.7
-0.7
All figures are in (Millions) Saudi Arabia, Riyals
Accumulated Losses
Capital
Percentage %
-54.21
354
-15.31
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 reasons for the increase in losses during the current quarter compare to the same quarter last year in spite of improvement in sales are increase in cost of raw material, increase in general & administrative expenses and increase in ZAKAT provision.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is
The reasons for the increase in losses during the current quarter compare to previous quarter in spite of improvement in sales are decrease in average selling price of main products, increase in general and administrative expenses, increase in bank charges and increase in ZAKAT provision.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is
The reasons for the increase in losses during the current period compare the same period last year in spite of improvement in sales are increase in cost of raw material, increase in selling and distribution expenses,increase in general and administrative expenses and increase in Zakat provision.
Statement of the type of external auditor's report
Unmodified conclusion
Reclassification of Comparison Items
Certain comparative figures have been reclassified to comply with the current period presentation of the condensed interim financial statements.
Additional Information
The losses per share for the current period and same period last year is calculated by dividing the net losses for the period after Zakat attributable to shareholders over the weighted average number of ordinary shares as end of current period and previous period The weighted average shares for the current period is 35,400,000 shares compared to same period last year of 29,520,822 shares.
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