Amwaj International Co. announces its Interim Financial results for the period ending on 2024-06-30 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 158,651,383 | 154,894,104 | 2.425 | ||
| Net profit (Loss) | 4,152,688 | 10,153,331 | -59.1 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 133,845,159 | 132,657,413 | 0.895 | ||
| Profit (Loss) per Share | 0.69 | 1.69 | |||
| 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 during the current period compared to the same period of the previous year is due to the increase in sales volume. |
| 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 decrease in net profit during the current period compared to the same period of the previous year is due to the following reasons:
Increase in financing costs affected by the increase in interest rates (SIBOR).
Increase in shipping expenses.
Decrease in the profit margin of products. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | N/A |
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