| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 560,023 | 505,846 | 10.71 | 531,358 | 5.394 |
| Gross Profit (Loss) | 223,532 | 185,770 | 20.327 | 191,245 | 16.882 |
| Operational Profit (Loss) | 173,071 | 135,096 | 28.109 | 150,062 | 15.332 |
| Net profit (Loss) | 161,067 | 121,353 | 32.726 | 136,717 | 17.81 |
| Total Comprehensive Income | 160,830 | 123,239 | 30.502 | 140,872 | 14.167 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,598,067 | 1,542,823 | 3.58 |
| Gross Profit (Loss) | 600,371 | 503,721 | 19.187 |
| Operational Profit (Loss) | 461,026 | 346,267 | 33.141 |
| Net profit (Loss) | 421,215 | 297,197 | 41.729 |
| Total Comprehensive Income | 427,022 | 298,111 | 43.242 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,093,065 | 844,702 | 29.402 |
| Profit (Loss) per Share | 0.38 | 0.27 | |
| 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 quarter compared to the same quarter of the last year is | The increase in sales during the current quarter compared to the same quarter of the previous year is attributed to rising demand across various sectors within the Kingdom of Saudi Arabia. This growth was particularly prominent in high-voltage projects and major industrial projects, including those in the oil and gas sector, in addition to increase in exports to regional and European markets. |
| 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 of the increase in the net profit of the current quarter compared to the same quarter of last year is mainly attributed to the following: |
• Increase of sales from SAR 505.8 million to SAR 560 million.
• The diversification of sold products and increase in sold products with higher profit
margins.
• Decrease in finance cost.
The increase in net profit is partially offset by increase in general administration expenses and selling and distribution expenses.
is mainly attributed to the following:
• Increase of sales from SAR 531.4 million to SAR 560 million.
• The diversification of sold products and increase in sold products with higher profit
margins.
• Increase of sales from SAR 1,543 million to SAR 1,598 million
• The diversification of sold products and increase in sold products with higher profit
margins
• Decrease in general and administrative expenses as the general and
administrative expenses for the same period of last year included unrepeated
expenses an amount of SAR 26.1 million, that related to the fine imposed by the
General authority for competition.
• Decrease in finance cost.
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