Saudi Advanced Industries Co. announces its Interim Financial Results for the Period Ending on 2020-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	9.59	13.59	-29.433	6.71	42.921
Gross Profit (Loss)	9.59	13.59	-29.433	6.71	42.921
Operational Profit (Loss)	7.78	11.79	-34.011	4.95	57.171
Net Profit (Loss) after Zakat and Tax	7.5	11.5	-34.782	4.7	59.574
Total Comprehensive Income	37.12	-22.21	-	41.97	-11.555
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	27.03	39.71	-31.931
Gross Profit (Loss)	27.03	39.71	-31.931
Operational Profit (Loss)	21.41	32.97	-35.062
Net Profit (Loss) after Zakat and Tax	20.55	31.99	-35.761
Total Comprehensive Income	32.87	7.02	368.233
Total Share Holders Equity (after Deducting Minority Equity)	819.69	788.65	3.935
Profit (Loss) per Share	0.41	0.64
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to	The decrease in net profit for current quarter compared to the same quarter of the previous year is due to:

- decrease in revenue due to decrease in company shares from subsidiaries profits and decrease in dividends distribution due to the current situation as a result of the Corona pandemic, and Increase in zakat expenses and decrease in Financial costs and increase in other revenue during current quarter compared to the same quarter of the previous year.Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to The increase in net profit for current quarter compared to the previous quarter is due to:

-increase in revenue due to increase in dividends distribution even though decrease in company shares from subsidiaries profits , and decrease in other revenues during current quarter compared to the previous quarter.Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to The decrease in net profit for current period compared to the similar period of the previous years is due to:

decrease in revenue due to decrease in company shares from subsidiaries profits and decrease in dividends distribution due to the current situation as a result of the Corona pandemic, and increase in zakat expenses and decrease in general and administrative expenses and decrease in Financial costs and increase in other revenues during current period compared to the similar period of the previous year.Basis of the External Auditor's Opinion Unmodified opinionReclassification of Comparison Items Certain comparative figures have been reclassified to conform to the classification used for the period ending on September 30, 2020.

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