Al Abdullatif Industrial Investment Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 142.6 | 156.17 | -8.69 | 168.23 | -15.23 |
| Gross Profit (Loss) | -1.15 | 8.02 | - | 10.52 | - |
| Operational Profit (Loss) | -8.92 | -5.01 | 78.04 | 1.57 | - |
| Net Profit (Loss) after Zakat and Tax | -15.57 | -10.59 | 47.02 | -3.45 | 351.3 |
| Total Comprehensive Income | 226.56 | -10.59 | - | -3.45 | - |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 492.48 | 461.18 | 6.79 |
| Gross Profit (Loss) | 14.27 | 35.32 | -59.6 |
| Operational Profit (Loss) | -15.06 | 7.65 | - |
| Net Profit (Loss) after Zakat and Tax | -31.13 | -9.95 | 212.86 |
| Total Comprehensive Income | 211.01 | -9.95 | - |
| Total Share Holders Equity (after Deducting Minority Equity) | 1,305.91 | 1,121.76 | 16.42 |
| Profit (Loss) per Share | -0.38 | -0.12 | |
| 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 reason for the achieving of gross losses from the business and the increase in operating losses and net losses during this quarter compared to the same quarter of the last year is due to :-
1- Decrease in Sales. 2- Increase in the cost of sales attributable to sales. 3- Increase in the cost of financing. The achieving of profits in comprehensive income is due to the profits of land revaluation. |
| 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 reason for achieving of gross losses from the business and operating losses and the increase in net losses during this quarter compared to the previous quarter during this year is due to :-
1-The big drop in sales. 2- Increase in cost of sales attributable to sales. 3- Increase in the cost of financing. 4- Decrease in other income. The achieving of profits in comprehensive income is due to the profits of land revaluation. |
| 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 reason for the decrease in the gross profit and the achieving of operating losses and the increase in the net loss during this period compared to the same period of the previous year is due to :-
1-Increase in cost of sales attributable to sales. 2-Increase in selling expenses. 3- Increase in the cost of financing. The achieving of profits in comprehensive income is due to the profits of land revaluation. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform with the presentation in the current period. |
| Additional Information | 1 - There are no minority rights in the financial statements. |
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