| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 1,534,770 | 1,516,060 | 1.234 | ||
| Gross Profit (Loss) | 528,261 | 391,931 | 34.784 | ||
| Operational Profit (Loss) | 254,276 | 126,640 | 100.786 | ||
| Net Profit (Loss) after Zakat and Tax | 233,792 | 77,700 | 200.89 | ||
| Total Comprehensive Income | 233,147 | 76,246 | 205.782 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 1,671,719 | 1,485,323 | 12.549 | ||
| Profit (Loss) per Share | 2.93 | 0.97 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for improving performance and achieving an increase in net profit during the current year compared to the previous year is due to the clear improvement in profit margins as a result of the increase in prices and the decrease in cost of goods sold. The current year also witnessed an increase in other revenues in addition to a decrease in financing costs due to the repayment of part of the loans and the restructuring of financing. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | None |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform to the current year presentation. For more details, please refer to note 27 in the consolidated financial statements for the year ending December 31, 2021 |
| Additional Information | 1- The spare parts included in property, plant and equipment have been reclassified to inventory in the 2020 financial statements. This reclassification relates to the subsidiary. Please refer to note 27 of the consolidated financial statements for further details. |
2- The comparative earnings per share figures have been recalculated due to the capital increase, which affected the average number of shares
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