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

BALADY 9559 -0.88% 135.80 -1.20
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 231,954,745 177,172,972 30.919 227,687,757 1.874
Gross Profit (Loss) 45,022,004 28,370,652 58.692 39,922,954 12.772
Operational Profit (Loss) 38,454,797 22,799,909 68.662 33,425,072 15.047
Net profit (Loss) 40,604,998 24,328,031 66.906 36,706,755 10.619
Total Comprehensive Income 40,604,998 24,328,031 66.906 35,114,594 15.635
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) 244,255,695 154,937,821 57.647
Profit (Loss) per Share 6.18 3.7
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 increase in sales/ revenues, where revenues reached SR 231.9 million, an increase of 30.92% compared to the same quarter of the previous year, was due to the increase in sales and daily production, which reached an average daily production of 195 thousand birds per day during the current quarter
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 reason for the increase in net profit during the current quarter to 40.6 million riyals, an increase from the same quarter of the previous year by 66.91 % due to increased sales and lower expenses
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason for the increase in sales/ revenues, where revenues reached SR 231.9 million, an increase of 1.87% compared to the previous quarter, was due to the increase in sales and daily production, which reached an average daily production of 195 thousand birds per day during the current quarter
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 to SR 40.6 million is an increase from the previous quarter due to increased sales and lower 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) There is no
Reclassification of Comparison Items There is no
Additional Information The profit per share is calculated by dividing the profit after calculating Zakat and taxes by the number of ordinary shares outstanding during the period amounting to 6,570,000 shares
Attached Documents   

BALADY Quarterly Financials Report Q1 2024

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