Al Abdullatif Industrial Investment Co. announces its interim Financial results for the period ending on 2019-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	168.85	163.57	3.227	154.4	9.358
Total Profit (Loss)	16.43	18.32	-10.316	12.69	29.472
Profit (Loss) Operational	7.11	10.46	-32.026	4.23	68.085
Net Profit (Loss) after Zakat and Tax	3.38	7.27	-53.507	-3.79	-
Total Comprehensive Income	3.38	7.27	-53.507	0.03	11,166.666
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after deducting minority equity)	1,187.28	1,220.87	-2.751
Profit (Loss) per Share	0.04	0.09
All figures are in (Millions) Saudi Arabia, Riyals

	Accumulated Losses	Capital	Percentage %
	0	812,500,000	0

Element List	Explanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year	The reasons for the decrease in gross profit, operating profit , net profit and comprehensive income for the current quarter,2019 compared to the same quarter,2018 are due to: 1 - The high cost of sales attributable to sales despite the limited increase in the value of sales 2. Increase in general and administrative expenses 3. Increase in financing expenses 4. Increase in selling expenses.
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter	The reasons for the increase in gross profit, operating profit , net profit and comprehensive income for the current quarter,2019 compared to the previous quarter 2018 are due to:

1. Increase in sales value.

2. Lower cost of sales attributable to sales.

3. Decrease in Zakat provision. Type of the external auditor's opinion Unmodified opinion Reclassifications in quarter financial result Certain comparative figures have been reclassified to conform to the current year classification Additional Information 1. The Company adopted IFRS 16 effective from January 1, 2019. The first application resulted at that date Prove the right to use additional assets and lease liabilities. The effect of applying the Standard on retained earnings was SAR 0.93 million.

2. There are no minority rights in the financial statements.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.