| Element | Current year | Previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
600.1
|
645.4
|
-7.02
|
| Earning or loss per share, Riyals |
6
|
6.45
|
-
|
| Gross profit (loss) |
723.6
|
730.6
|
-0.96
|
| Operational profit (loss) |
658.4
|
675.5
|
-2.53
|
*All figures are in (Millions) Saudi Arabia, Riyals
| Element | EXPLAINATION |
|---|---|
| Reasons of annual financial results | Mainly due to : 1) Decrease in gross profit by circa SR 7m compared to same period previous year ( decline of 1% ) 2) Increase in General & Administrative expenses by SR 9.4m 3) goodwill write-off for an amount of SR 15m in relation to an associate company in Jordan 4) Decrease in net other income by SR 16.3m, in addition to that finance charges had declined by SR 10.3m compared to same period previous year |
| Reclassifications in annual financial results | The company had reclassified some items with respect to consolidated financial statements for the period ended 31/12/2014 to be consistent with the presentation used for the same period this year |
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