1.The net profit during the Third Quarter amounts to SR 20.1 million as against SR 92.3 million for the same quarter of last year, a decrease of 78 %; and, against profit of SR 47.2 million for the previous quarter, an decrease of 57%.
2.The gross profit during the Third Quarter amounts to SR 66.2 million as against SR 170.5 million for the same quarter of last year, a decrease of 61 %.
3.The operating profit during the Third Quarter amounts to SR 18.5 million as against SR 104.1 million for the same quarter of last year, a decrease of 82 %.
4.The net profit during the nine months amounts to SR 113.6 million as against SR 263.2 million for the same period of last year, a decrease of 57 %.
5.The profit per share during the nine months amounts to SR 1.49 as against SR 3.46 for the same period of last year.
6.The gross profit during the nine months amounts to SR 271.2 million as against SR 482.4 million for the same period of last year, a decrease of 44 %.
7.The operating profit during the nine months amounts to SR 131.9 million as against SR 298 million for the same period of last year, a decrease of 56 %.
8.The decrease in profits is mainly a result of the lowering of profit margins because of intense competition from the entry of new manufacturers, local and international, into the market; and, the decrease in sales as the markets continue to be affected by the global financial crisis, in addition to deferment of the implementation of some projects announced earlier during the current year.
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