Alhasoob Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 220,241,931 | 256,456,427 | -14.12 | ||
| Gross Profit (Loss) | 20,648,208 | 24,098,865 | -14.32 | ||
| Operational Profit (Loss) | 8,196,248 | 12,811,241 | -36.02 | ||
| Net Profit (Loss) after Zakat and Tax | 6,655,091 | 11,949,555 | -44.31 | ||
| Total Comprehensive Income | 6,495,588 | 11,905,791 | -45.44 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 35,557,318 | 29,061,730 | 22.35 | ||
| Profit (Loss) per Share | 4.75 | 8.54 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for the decrease in the net profit during this year compared to the previous year is due to a decrease in
The volume of revenues due to: 1-Decrease in the percentage of exports compared to the previous year, and demand from outside 1 Decrease in the percentage of exports compared to the previous year, and demand from outside the Kingdom 2-Low rate of profitability 3-Increased general and administrative expenses |
| Statement of the type of external auditor's report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | None |
| Reclassification of Comparison Items | Certain prior period figures have been re-classified to conform with the presentation of the current period. |
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