1212 · 09/08/2021 08:08:35 · Announcement #64435 · View on Saudi Exchange

Astra Industrial Group announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 536,985,130441,511,67521.624599,285,124-10.395
Gross Profit (Loss) 199,738,959165,759,15420.499249,390,235-19.909
Operational Profit (Loss) 63,769,42943,270,26847.374107,426,446-40.638
Net Profit (Loss) after Zakat and Tax 54,599,83624,223,085125.40450,605,7687.892
Total Comprehensive Income 48,500,97424,621,15596.98938,024,81927.55
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 1,136,270,254951,021,34719.478
Gross Profit (Loss) 449,129,194372,925,55820.434
Operational Profit (Loss) 171,195,875106,317,74961.022
Net Profit (Loss) after Zakat and Tax 105,205,60458,316,68880.403
Total Comprehensive Income 86,525,79348,261,93279.283
Total Share Holders Equity (after Deducting Minority Equity) 1,352,372,3541,257,449,4267.548
Profit (Loss) per Share 1.320.73
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Net profit increases in general due to:

1. Increase in sales in all sectors

2. Increase in other income in the following sectors:

a. Pharmaceuticals sector

b. Power and steel sector

c. Specialty chemical sector

While noting that there is increase in Selling and Distribution expenses in the Specialty chemicals sector and General and administration expenses in Pharmaceuticals and Other sectors.The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is Net profit increases in general due to:

1. Decrease in other expenses in the following sectors:

a. Pharmaceuticals sector

b. Specialty chemical sector

c. Power and steel sector

2. Decrease in provision for impairment for financial assets expense in the following sectors:

a. Specialty chemical sector

b. Pharmaceuticals sector

3. Decrease in General and administration expenses in Specialty chemical sector and other sector

While noting that there is drop in sales and Gross profit in pharmaceuticals and specialty chemical sectors.The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Net profit increases in general due to:

1. Increase in sales in all sectors.

2. Decrease in Selling and Distribution expenses in the following sectors:

a) Pharmaceuticals sector

b) Power and steel sector

While noting that there is increase in other expenses in the Pharmaceuticals sector and provision for impairment of financial assets expense for Specialty Chemicals sector.Statement of the type of external auditor's report Unmodified conclusionReclassification of Comparison Items No comparative figures for the previous period have been reclassifiedAdditional Information 1. Net Shareholders’ Equity at the end of the period was SR1,407,057,157/- compared to SR1,254,407,940/- at the end of the similar period last year with an increase of 12%.

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