| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
27.69
|
25.42
|
8.93
|
36.89
|
-
|
| Gross profit (loss) |
58.54
|
44.73
|
30.87
|
64.23
|
-
|
| Operational profit (loss) |
31.92
|
24.77
|
28.87
|
37.91
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
105.58
|
95.24
|
10.86 |
| Gross profit (loss) |
175.77
|
153.13
|
14.78 |
| Operational profit (loss) |
112.97
|
96.43
|
17.15 |
| Earning or loss per share, Riyals |
0.88
|
0.79
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The increase in gross profit, operating income and net income is due to the increase in net revenues by 26% as a result of enhancement of the contractual terms with the company's customers, offering new services to the patients and the increase in the inpatients nights in addition to the commencement of the commercial operations of Al-Hammadi Al-Suweidi Hospital on 01-08-2015. |
| Reasons of increase (decrease) for period compared with same period last year | The increase in gross profit, operating income and net income is due to the increase in net revenue by 14% as a result of enhancement of the contractual terms with the company's customers, offering new services to the patients and the increase in the inpatients nights, in addition to the commencement of the commercial run of Al-Hammadi Al-Suweidi hospital on 01-08-2015. Additionally, the Company collected an amount of SR 9.8 million written off debt during Q1 of the current period which was credited to the general and administrative expenses within the income statement. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The decrease in the gross profit, operating income and net income is due to the slight decrease in revenue due to seasonal impact in addition to the increase in both operating costs and finance charges as a result of the commencement of the commercial run of Al-Hammadi Al-Suweidi hospital. |
| Other notes | According to SOCPA, the earnings per share for the current periods and the presented comparative periods were calculated on the basis of the new number of shares of the company (120 million shares) post the increase in capital approved by the Extraordianry General Assembly (EGM) of the company on 15-04-2015. |
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