All figures are in (Millions) Saudi Arabia, Riyals
Element List
Current Period
Similar period for previous year
%Change
Sales/Revenue
2,306.25
3,039.83
-24.13
Gross Profit (Loss)
901.78
1,112.53
-18.94
Operational Profit (Loss)
737.22
875.15
-15.76
Net Profit (Loss) after Zakat and Tax
416.01
393.01
5.85
Total Comprehensive Income
396.58
393.01
0.91
Total Share Holders Equity (after Deducting Minority Equity)
20,100.62
19,552.64
2.8
Profit (Loss) per Share
0.37
0.36
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 increase in net income is mainly due to the decrease in operating expenses, increase in lease revenue and the increase in share of income from associates. The increase in finance cost were fully off set with the higher non-operating income from Islamic Murabaha deposits and positively impacted the net income.
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 increase in net income is due to higher income from associates and the increase in lease revenue. The increase in finance costs were partially off-set with the decrease in operating costs and the increase in non-operating income from Murabaha deposit and impacted to the net income.
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 increase in net income is mainly due to the decrease in operating expenses, increase in lease revenue and the increase in share of income from associates. The increase in finance cost is partially off-set with the higher non-operating income from Islamic Murabaha deposit and impacted to the net income.
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
Comments