2100 · 19/07/2014 14:38:31 · Announcement #35206 · View on Saudi Exchange

WAFRAH FOR INDUSTRY AND DEVELOPMENT announces the interim financial results for the period ending on 30-06-2014 (Six Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
2,150,483
2,633,483
-
1,063,816
102.15
Gross profit (loss)
9,612,121
8,482,521
13.32
8,153,399
17.89
Operational profit (loss)
2,397,586
3,243,850
-
1,575,277
52.2
All figures are in Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss)
3,214,299
3,902,278
-
Gross profit (loss)
17,765,520
15,525,920
14.42
Operational profit (loss)
3,972,863
4,934,300
-
Earning or loss per share, Riyals
0.16
0.2
-
All figures are in Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year The increase in general and marketing expenses increased by38% in order to support spreading and open new markets
Reasons of increase (decrease) for period compared with same period last year The increase in the item general and administrative expenses and selling and distribution expenses to support the spread of the product and the opening of new markets as the reason for the rise in gross profit item is to improve the performance of operations run factories
Reasons of increase (decrease) for quarter compared with previous quarter The increase in sales of season and an increase in other income

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