1.Net profit during the first quarter amounted to SAR 9.65 million as compared to SAR 9.06 million for the same period of last year and SAR 4.00 million in the previous quarter, which is an increase of 7% & 141% respectively
2.Gross profit during the first quarter amounted to SAR 41.32 million as compared to SAR 30.38 million for the corresponding period of previous year which is an increase of 36%
3.Total operating profit during the first quarter amounted to SAR 20.48 million as compared to SAR 12.59 million for the corresponding period of previous year which is an increase of 63%
4.Earnings per share in the three months amounted to SAR 0.08 as compared to SAR 0.08 for the same period of the previous year
5.The increase in net profit for the first quarter of 2011 is mainly due to improved prices for our products over the same period last year.
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.