Al Hammadi Company for Development and Investment announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	278.45	206.69	34.718	291.85	-4.591
Gross Profit (Loss)	114.55	66.48	72.307	112.01	2.267
Operational Profit (Loss)	42.9	37.06	15.758	40.93	4.813
Net Profit (Loss) after Zakat and Tax	35.54	24.94	42.502	30.21	17.643
Total Comprehensive Income	37.25	26.43	40.938	30.84	20.784
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	1,675.91	1,592.57	5.233
Profit (Loss) per Share	0.3	0.21
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The net profit of the current quarter has increased by 42.5% to reach SAR 35.54 million compared to SAR 24.94 million in the same quarter of the previous year due to the following:

1. The increase in revenues of medical services and pharmaceutical products segments resulted from the increase in the number of outpatients and inpatients in addition to the increase in patients referred from the Ministry of Health.

2. The increase in the operating efficiency of assets.

3. The decrease in finance costs due to lower loan balances and lower lending costs.

4. The decrease in the zakat expense for the current quarter due to the decrease in the Zakat base.The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The increase in net profit for the current quarter compared to the previous quarter is primarily due to:

1. The decrease in some operating expenses items compared with the previous quarter.

2. The decrease in finance costs.

3. The decrease in the zakat expense for the current quarter due to the decrease in the Zakat base.Statement of the type of external auditor's report Unmodified conclusionReclassification of Comparison Items Certain figures of the previous period have been reclassified to conform to the presentation for the current period as clarified in note no. (14) of the condensed consolidated interim financial statements for the period ended 31 March 2021.

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