Fesh Fash Snack Food Production Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to | 1- Increase in revenue over the comparative period by 8%
2- An increase in general and administrative expenses by 68% as a result of adjusting the settlement entries by adding the accrued expenses to an actual expense for the period, as the accrued expenses were charged at the end of the year once, such as the bounce for the employees, the board of directors and other committees
3- Increase in operating costs by 8% due to an increase in the value of raw material by 12% and operating expenses by 12% |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | N / A |
| Reclassification of Comparison Items | Other revenues were reclassified to total operating income and financing costs were reclassified from total operating income to net income before zakat as well as earnings per share in the comparative period |
| Additional Information | The nominal value of the share has been adjusted from (10) riyals to (1) riyals per share |
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