| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
73,734
|
66,007
|
11.71
|
64,924
|
13.57
|
| Gross profit (loss) |
305,424
|
305,512
|
-
|
400,784
|
-
|
| Operational profit (loss) |
97,493
|
94,915
|
2.72
|
119,898
|
-
|
| Earning or loss per share, Riyals |
1.23
|
1.1
|
-
|
-
|
-
|
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Increase in Net Profit was due to better margins in AC & Insulation sectors and also due to reduction in financial charges/ foreign taxes and increase in Other Income and Share of Profit from Associates. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in Net Profit was due to a one-time cost related to impairment of goodwill loaded in Q4 2014. Operating Profits decreased due to reduction in overall Sales and Operating margins. |
| Reclassifications in quarterly financial results | Certain figures for the first quarter of 2014 have been reclassified to conform with the presentation in the current period. |
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