| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
0.79
|
0.52
|
52.8
|
0.16
|
381.71
|
| Gross profit (loss) |
2.2
|
1.7
|
29.41
|
1.2
|
83.33
|
| Operational profit (loss) |
1.1
|
0.53
|
108.33
|
0.02
|
4,483.33
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
0.95
|
2.2
|
- |
| Gross profit (loss) |
3.4
|
5.1
|
- |
| Operational profit (loss) |
2.2
|
2.8
|
- |
| Earning or loss per share, Riyals |
0.09
|
0.21
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The reasons for the increase is due to the increase in sales and profit of the start of new business of import and sales of Asian products to the Saudi market despite the decrease in other income.. |
| Reasons of increase (decrease) for period compared with same period last year | The reasons for the decrease is due to the decrease in sales and profit of raw material for fertilizer manufacturing for Asian market in addition to the decrease of exports to African markets and decrease in profit margin for sales of food products in the local market which is due to big local competition despite start of new business of import and sales of Asian products to the Saudi market and despite increase in other income. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The reason for the increase is due to the increase in profit due to the start of new business of import and sales of Asian products to the Saudi market during the second quarter, despite decrease in other income |
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