4012 · 14/02/2021 16:04:31 · Announcement #61931 · View on Saudi Exchange

Thoub Al-Aseel Company Announces Its Annual Consolidated Financial Results for The Year Ended 31st December 2020 (Twelve Months)

Element ListCurrent YearPrevious Year%Change
Sales/Revenue 527.34477.2110.504
Gross Profit (Loss) 188.49180.714.305
Operational Profit (Loss) 99.0895.963.251
Net Profit (Loss) after Zakat and Tax 82.3980.372.513
Total Comprehensive Income 81.7780.531.539
Total Share Holders Equity (after Deducting Minority Equity) 542.81528.532.701
Profit (Loss) per Share 2.752.68
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The reason for the increase in net profit attributable to the shareholders of the company during of the year ended 31st December 2020 as compared to last year by 2.51% mainly due to: Growth of 10.50% in sales driven and the signing of a contract for the supplying of medical supplies hat led to increase in gross profit and net profit vs. previous year
Statement of the type of external auditor's report Unmodified opinion
Reclassification of Comparison Items -
Additional Information We would like to draw the attention of our valued shareholders, The Consolidated Financial statements for the year ended 31st December 2020 will be available on the investor relations app for Al-Aseel Smart Phones and Tablets, and through the company's website at the following link http://www.alaseel.com.sa/investor, after sending it to the competent authorities.

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