Further to the Savola Group announcement about the interim financial results for the period ended 31 March, 2015 published in Tadawul on Sunday 19 April, 2015, and as it has been mentioned in the announcement that the 1st quarter net income (without capital gain) reached SAR 206 Million which is almost 16% more compared with the revised forecast announced by Savola in Tadawul on 18 March, 2015, amounting to SAR 178 million, the Group would like to indicate that the increase in the company's actual results versus the revised forecast is due mainly to higher share of profit from associates by SAR 16 million, better margins in Retails and Foods Sectors by SAR 7.5 million and the balance is for lower administrative and financing cost.
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