Aljouf Mineral Water Bottling Co. announces its Annual Financial Results for the Period Ending on 2022-12-31

30 March 2023 03:21 PM

ALJOUF WATER 9532 -19.03% 23.40 -5.50

Element List	Current Year	Previous Year	%Change
Sales/Revenue	73,978,442	67,626,114	9.39
Gross Profit (Loss)	30,586,254	34,239,454	-10.67
Operational Profit (Loss)	6,747,091	5,147,385	31.08
Net Profit (Loss) after Zakat and Tax	5,740,355	4,703,003	22.06
Total Comprehensive Income	5,530,915	4,703,003	17.6
Total Share Holders Equity (after Deducting Minority Equity)	83,159,136	57,951,083	43.5
Profit (Loss) per Share	1.83	1.88
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 increase in the net profit in the current year compared to the previous year by 22.06% is due to the increase in the sales value by 9.39%, in addition to relying very much on the retail and homes sector despite the increase in the cost of raw materials mainly, but the dependence on the two sectors led to an increase in the selling price of the product And therefore the value of sales in addition to the reduction of selling and distribution expenses as well as 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	NA
Reclassification of Comparison Items	Certain comparative period figures have been reclassified to conform to the current period presentation.
Attached Documents