| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
236
|
208
|
13.46
|
244
|
-
|
| Gross profit (loss) |
408
|
339
|
20.35
|
373
|
9.38
|
| Operational profit (loss) |
245
|
213
|
15.02
|
257
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
1,123
|
977
|
14.94 |
| Gross profit (loss) |
1,621
|
1,341
|
20.88 |
| Operational profit (loss) |
1,143
|
988
|
15.69 |
| Earning or loss per share, Riyals |
7.49
|
6.51
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The increase in current quarter as compared to the same quarter in previous year is attributed to growth in sales by 37%, and growth in other operating income by 64%. |
| Reasons of increase (decrease) for period compared with same period last year | The main reason for increase in current period as compared to the same period last year is attributed to growth in sales by 23% and increase in other operating income by 11% in addition to increase in capital gain on property and equipment by 26 million Saudi Riyals. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The minor fluctuation in the current quarter as compared to previous quarter is to the seasonality. |
| Reclassifications in quarterly financial results | Certain of the prior year figures have been reclassified to confine to the current year presentation. |
| Other notes | 1- Decrease in net profit during the fourth quarter compared to the forth quarter of the last year is attributed to impairment loss of SR 35 million recorded for one of the Groups equity investee company. Without the impact of this impairment the growth in the net income as compared to same period last year is 30%. 2- Earnings or loss per share from operating income, other income. expense and net income for the current and comparative period has been calculated by using the number of ordinary shares outstanding as at 31 December 2014 of 150 million shares 150 million shares 31 December 2013 adjusted for bonus share issued on 20 March 2014 see note 11. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.