Saudi Advanced Industries Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	25.97	35.88	-27.62	31.09	-16.47
Gross Profit (Loss)	25.97	35.88	-27.62	31.09	-16.47
Operational Profit (Loss)	22.46	33.83	-33.61	27.45	-18.18
Net Profit (Loss) after Zakat and Tax	22.1	31.67	-30.22	27.32	-19.11
Total Comprehensive Income	8.93	26.24	-65.97	-30.81	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	91.49	74.9	22.15
Gross Profit (Loss)	91.49	74.9	22.15
Operational Profit (Loss)	80.91	68.55	18.03
Net Profit (Loss) after Zakat and Tax	80.36	65.51	22.67
Total Comprehensive Income	8.16	94.77	-91.39
Total Share Holders Equity (after Deducting Minority Equity)	908.59	922.02	-1.46
Profit (Loss) per Share	1.61	1.31
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	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 and increase in general and administrative expenses and increase in financial costs, although there is an increase in other revenues and decrease in zakat expenses during current quarter compared to the same quarter of the previous year.The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is The decrease in net profit for current quarter compared to the previous quarter is due to:

- decrease in revenue due to decrease in dividends distribution although there is an increase in company shares from subsidiaries profits and increase in financial costs, although there is decrease in general and administrative expenses and decrease in zakat expenses and increase in other revenues during current quarter compared to the previous quarter.The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The Increase in net profit for current period compared to the similar period of the previous year is due to:

-increase in revenue due to increase in company shares from subsidiaries profits and increase in dividends distribution and decrease in zakat expenses, although there is increase in general and administrative expenses and increase in financial costs and decrease in other revenues during current period compared to the similar period of the previous year.Statement of the type of external auditor's report Unmodified conclusionModification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion there is noReclassification of Comparison Items there is noAdditional Information Total shareholders ' equity (no minority interest) as at the end of current period amount 908.59 million compared to amount 922.02 million at the end of the same period of the previous year, with a decrease of 1.46%

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