| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
8.4
|
58.4
|
-
|
29.7
|
-
|
| Gross profit (loss) |
163.9
|
173.5
|
-
|
144.1
|
13.74
|
| Operational profit (loss) |
8.8
|
60.3
|
-
|
30.3
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
121.1
|
167.3
|
- |
| Gross profit (loss) |
620.8
|
601.6
|
3.19 |
| Operational profit (loss) |
125.8
|
172.3
|
- |
| Earning or loss per share, Riyals |
4.04
|
5.58
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Decline in Mega Sales target by SR150 million with negative impact by SR 27 million in gross profit for fourth quarter,in addition to SR 14 million as additional provision due to high inventory closing balances specially for digital and computer categories as published on 30-November 2014, also the increase in salaries,advertising and general expenses compared to same quarter last year. |
| Reasons of increase (decrease) for period compared with same period last year | Decline in Mega Sales target by SR150 million with negative impact by SR 27 million in gross profit for fourth quarter,in addition to SR 14 million as additional provision due to high inventory closing balances specially for digital and computer categories as published on 30-November 2014, also the increase in salaries,advertising and general expenses in greater than increase in gross profit compared to last year. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Decline in Mega Sales target by SR150 million with negative impact by SR 27 million in gross profit for fourth quarter,in addition to SR 14 million as additional provision due to high inventory balances specially for digital and computer categories as published on 30-November 2014, also the increase in salaries,advertising and general expenses compared to previous quarter. |
| Other notes | The estimated total sales for the fourth quarter is SR1,089M, an increase 19.1% compared to the same period last year (SR 914M). Due to the increase in most of categories sales, the estimated sales for the twelve month is SR 3,689M , an increase of 8.9% to the same period Last year (SR 3,388M). Due to the increase in most of categories sales,coupled with the total year effect for partial stores that opened in 2013 along with Khamis Mushait that opened in May-2014. |
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