Mohammed Hasan AlNaqool Sons Co. announces its Interim Financial results for the period ending on 2024-06-30 ( Six Months )

26 August 2024 06:06 AM

ALNAQOOL 9514 -4.17% 46.00 -2.00

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	29,233	18,770	55.743
Net profit (Loss)	1,201	-652	-
Total Shareholders Equity (after Deducting Minority Equity)	51,602	50,176	2.841
Profit (Loss) per Share	0.41	-0.22
All figures are in (Thousands) 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 (Thousands) 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 reason for the increase in revenues during this period compared to the similar period of the previous year is due to the presence of revenues from subsidiaries.
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 reason for the increase in net profit during this period compared to the similar period of the previous year is due to the increase in revenues
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	nothing
Additional Information	1- Gains and losses from foreign currency exchange were recalculated in accordance with the requirements of International Accounting Standard 21 during the fiscal year 2023. 2- There is no impact of the amendments on the interim consolidated statement of financial position as of 12/31/2023 AD or on the statement of cash flows for the period ending on 06/30/2023 AD.

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