2340 · 23/05/2022 08:17:50 · Announcement #68394 · View on Saudi Exchange

Al Abdullatif Industrial Investment Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 181.65154.117.878180.340.726
Gross Profit (Loss) 2.99.56-69.665-16.53-
Operational Profit (Loss) -7.722.75--27.98-72.408
Net Profit (Loss) after Zakat and Tax -12.11-4.38176.484-37.81-67.971
Total Comprehensive Income -12.11-4.38176.484-26.85-54.897
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 1,082.81,127.33-3.95
Profit (Loss) per Share -0.15-0.05
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
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 reasons for the decrease in the gross profit during the current quarter compared to the same quarter of the previous year, as well as the realization of operating losses and the increase in net loss and comprehensive income loss, are due to the increase in the cost of materials used in production and the decrease in the profit margin for sales as well as the increase in operating and selling expenses and a decrease in other revenues.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The reasons for realizing gross profit and decreasing operating losses, net loss and comprehensive income loss during the current quarter compared to the previous quarter are due to the increase in sales and other income, the decrease in the cost of sales attributed to sales, investment profits realized through profits and losses and the decrease in the Zakat provision component.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain comparative figures have been reclassified to conform with the presentation in the current period.
Additional Information 1 - There are no minority rights in the financial statements.

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