| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
74,361
|
73,015
|
1.84
|
73,734
|
0.85
|
| Gross profit (loss) |
317,256
|
316,094
|
0.37
|
305,424
|
3.87
|
| Operational profit (loss) |
97,246
|
101,354
|
-
|
97,493
|
-
|
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
148,095
|
139,022
|
6.53 |
| Gross profit (loss) |
622,680
|
621,606
|
0.17 |
| Operational profit (loss) |
194,739
|
196,269
|
- |
| Earning or loss per share, Riyals |
2.47
|
2.32
|
- |
| 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 zakat, in addition to increase in Other Income. Operational profit reduced due to reduction in steel sector margins. |
| Reasons of increase (decrease) for period compared with same period 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 zakat, in addition to increase in Other Income. Operational profit reduced due to reduction in steel sector sales and margins. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in Net Profit was due to better margins in AC & Insulation sectors and increase in Other Income. Operational profit reduced due to reduction in steel sector margins. |
| Reclassifications in quarterly financial results | Certain figures for the second quarter of 2014 have been reclassified to conform with the presentation in the current period. |
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