Saudi Top for Trading Co. announces its Interim Financial results for the period ending on 2024-06-30( Six Months )

08 August 2024 01:48 PM

SAUDI TOP 9552 0.43% 6.92 0.03

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	73,982,878	67,655,164	9.352
Net profit (Loss)	2,910,223	3,156,290	-7.796
Total Shareholders Equity (after Deducting Minority Equity)	71,019,459	68,109,236	4.272
Profit (Loss) per Share	0.07	0.08
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
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 period compared to the same period of the last year is	The increase in revenues was mainly due to a 9% increase in sales volumes.
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 decrease in net profit is due to the increase in financing expenses.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	Certain comparative figures have been reclassified to conform to the presentation for the current period.

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