| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
70.03
|
60.47
|
15.81
|
41.94
|
66.98
|
| Gross profit (loss) |
231.29
|
178.02
|
29.92
|
199.41
|
15.99
|
| Operational profit (loss) |
63.55
|
53.51
|
18.76
|
35.42
|
79.42
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
192.51
|
171.77
|
12.07 |
| Gross profit (loss) |
771.15
|
684.91
|
12.59 |
| Operational profit (loss) |
172.4
|
156.12
|
10.43 |
| Earning or loss per share, Riyals |
8.56
|
7.63
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Growth in sales of existing and new branches by 17.6%, and increase in annual targets incentives, calculated at the end of the fiscal year, which improved profit margin. |
| Reasons of increase (decrease) for period compared with same period last year | Sales growth of 11.6% in addition to the increase in the rent revenue due to increase in leasable area, and decrease in financing expenses. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in other operating income particularly the annual targets incentives, which is calculated at the end of the fiscal year, which improved profit margin. |
| Reclassifications in quarterly financial results | Stores expenses were separated from cost of sales and classified with selling and distribution expenses, in addition to reclassifying rent revenue. Comparative figures have been reclassified accordingly to be consistent with the presentation of the current period. |
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.