| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
16,286,822
|
24,721,001
|
-
|
9,703,501
|
67.84
|
| Gross profit (loss) |
25,788,016
|
35,542,117
|
-
|
17,060,824
|
51.15
|
| Operational profit (loss) |
19,630,286
|
27,525,684
|
-
|
9,649,128
|
103.44
|
| Earning or loss per share, Riyals |
0.13
|
0.19
|
-
|
-
|
-
|
| All figures are in Saudi Arabia, Riyals | |||||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Due to low demand and fierce competition, in addition to the decrease in other revenues, despite the decrease in the expenses and Zakat. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The increase in the average selling price and lower operating costs, despite the decrease in other revenues and the increase in Zakat |
| Reclassifications in quarterly financial results | 1.Some Comparative figures have been reconciled to be in complaince with the presentation requirements of IFRS. 2.The results for the fourth quarter of the previous year have been restated to conform to the audited financial statements instead of the limited review for 2016 |
| Other notes | 1. Total gross sales for the current quarter are SAR 80.8 Million, compared to SAR 90.8 Million for the same quarter of previous year, a decline of 11.6%. 2. Total income during the current quarter is SAR 15.6 Million, compared to SAR 24.8 Million for the same quarter of previous year, a decline of 37%. 3. Total shareholders equity (There are no Minority Interests) for the current period SAR 1,607 Million, compared to SAR 1,544 Million for the same period of previous year, an increase of 4.1% |
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