Raoom Trading Co. announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )

07 May 2024 01:16 PM

RAOOM 9529 -3.85% 129.80 -5.20

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	33,012,722	38,038,750	-13.212	34,434,530	-4.129
Gross Profit (Loss)	13,922,440	13,923,060	-0.004	10,477,359	32.881
Operational Profit (Loss)	10,504,160	11,478,609	-8.489	5,763,818	82.243
Net profit (Loss)	23,952,397	12,852,009	86.37	10,140,494	136.205
Total Comprehensive Income	23,941,293	12,761,899	87.599	10,366,407	130.95
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (After Deducting the Minority Equity)	155,203,774	136,431,001	13.759
Profit (Loss) per Share	3.8	2.1
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Percentage of the capital (%)	Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The reason for the decrease in revenues is the decrease in the average selling price due to a decrease in market prices.
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 profit over the same period of the previous year is due to gains from revaluation of financial assets at fair value.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason for the decrease in revenues during the current quarter compared to the previous quarter is due to the decrease in the average selling price due to the decrease in market prices.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the increase in net profit during the current quarter over the previous quarter is due to the confirmation of profits from revaluation of financial assets at fair value in addition to the decrease in production costs and general and administrative expenses.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	nothing
Reclassification of Comparison Items	Some figures have been reclassified to comply with the current quarter comparison
Additional Information	-

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