| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
1.7
|
2.7
|
-
|
0.95
|
78.2
|
| Gross profit (loss) |
3.5
|
4
|
-
|
2.6
|
34.62
|
| Operational profit (loss) |
2.2
|
2.9
|
-
|
1.5
|
46.67
|
| Earning or loss per share, Riyals |
0.16
|
0.25
|
-
|
-
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The decrease in profit margin for local sales of food despite big increase in sales to SR 191 million compared to SR 86 million for the same quarter of last year, also decrease of sales and profit of export to African countries, in addition to decrease in other income |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in sales volume for food in local market and increase in sales and profit for export to Chinese market. |
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.