Knowledge Tower Trading Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Six Months )

21 November 2022 03:00 AM

KNOWLEDGE TOWER 9551 -14.00% 6.02 -0.98

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	20,936	19,002	10.18
Gross Profit (Loss)	9,065	6,868	31.99
Operational Profit (Loss)	6,219	4,730	31.48
Net Profit (Loss) after Zakat and Tax	6,110	4,639	31.71
Total Comprehensive Income	6,110	4,639	31.71
Total Share Holders Equity (after Deducting Minority Equity)	27,181	21,071	29
Profit (Loss) per Share	3.49	2.65
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	The net profit for the six-month period ending on September 30, 2022 amounted to SAR 6.11 million, an increase of (32%) compared to the same period last year, mainly due to the decrease in cost of goods sold due to the focus on increasing sales of educational chains that They are associated with exclusive long-term contracts, which are characterized by an increase in the discount rate and availability in stock, which had a positive impact on cost.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	-
Attached Documents