| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
57.6
|
52.1
|
10.56
|
50.2
|
14.74
|
| Gross profit (loss) |
113.5
|
90.4
|
25.55
|
86.4
|
31.37
|
| Operational profit (loss) |
55.2
|
47.2
|
16.95
|
47.6
|
15.97
|
| Earning or loss per share, Riyals |
1.05
|
0.95
|
-
|
-
|
-
|
| 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 Net profit Gross profit and Operational profit is due to the increase in revenues from both Hotels and Entertainment Divisions This increase in revenue was driven by the opening of two new Hotels and two Entertainment sites, and rebranding of one hotel. Also due to the inclusion of revenue from two new Entertainment sites for this period while their impact was not captured during the same period last year due to the timing of their openings. In addition to the growth in revenues of existing hotels and entertainment sites. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The increase in Net profit Gross profit and Operational profit is due to the increase in revenues from both Hotels and Entertainment Divisions This increase in revenue was driven by the opening of two new Hotels and two Entertainment sites, and rebranding of one hotel. In addition to the growth in revenues of existing hotels and entertainment sites. |
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.