| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
9,666,459
|
5,143,364
|
87.94
|
14,900,556
|
-
|
| Gross profit (loss) |
17,522,028
|
16,000,571
|
9.51
|
24,491,825
|
-
|
| Operational profit (loss) |
10,018,520
|
7,865,322
|
27.38
|
18,324,416
|
-
|
| All figures are in Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
72,030,670
|
76,337,288
|
- |
| Gross profit (loss) |
108,692,581
|
122,018,966
|
- |
| Operational profit (loss) |
79,064,862
|
88,782,498
|
- |
| Earning or loss per share, Riyals |
0.55
|
0.59
|
- |
| All figures are in Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Increase in the maintenance in previous quarter, Increase in other income in this quarter and increase in quantity of sales, despite decrease in the average sales price |
| Reasons of increase (decrease) for period compared with same period last year | Decrease in the average sales price, and increase in fuel prices, despite Increase in the quantity of sales, increase in the other income, also despite decrease in the general and Zakat expenses |
| Reasons of increase (decrease) for quarter compared with previous quarter | Decrease in the average sales price, increase in the cost of sales cause line 1 stoppage, despite Incrase in the quantity of sales, and increase in other income |
| Reclassifications in quarterly financial results | Certain reclassifications were made in comparative numbers to conform to the current period. also the company had restated the results of the fourth quarter of previous year as well as full year balances to match final audited financial statements instead of interim limited review for year 2015 |
| Other notes | 1. Total gross sales for the current quarter are SAR 74.4 Million, compared to SAR 85.3 Million for the same quarter of previous year, a decline of 12.8%. 2. Total gross sales for the current period are SAR 319.9 Million, compared to SAR 336.3 Million for the same period of previous year, a decline of 5.0%. 3. Total shareholders equity (There are no Minority Interests) for the current period SAR 1,591.4 Million, compared to SAR 1,519.9 Million for the same period of previous year, an increase of 4.8% |
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