4140 · 19/01/2016 16:05:10 · Announcement #40854 · View on Saudi Exchange

Saudi Industrial Export Co. announces the interim financial results for the period ending on 31-12-2015 (Twelve Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
-
0.06
-
1.9
-
Gross profit (loss)
0.28
0.87
-
3.7
-
Operational profit (loss)
-
-
-
2.4
-
All figures are in (Millions) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss)
1.8
2.6
-
Gross profit (loss)
7.3
7.5
-
Operational profit (loss)
2.5
3
-
Earning or loss per share, Riyals
0.16
0.24
-
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year The reason for decrease is due to the decrease in sales and profit of food product in the local market which is due to big local competition also delay in shipment and sales of some products from Asian market to local market, in addition to the decrease in other income.
Reasons of increase (decrease) for period compared with same period last year The reason for decrease is due to the decrease in profit margin for sales of food products in the local market, also delay in shipment and sales of some products from Asian market to local market, in addition to the decrease in other income.
Reasons of increase (decrease) for quarter compared with previous quarter The reason for decrease is due to the decrease in sales and profit of food product in the local market which is due to big local competition also delay in shipment and sales of some products from Asian market to local market, in addition to the decrease in other income.

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