Thimar Development Holding Co. announces its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	2,598,428	17,252,065	-84.94	16,015,882	-83.78
Gross Profit (Loss)	-4,111,579	4,910,466	-	1,890,747	-
Operational Profit (Loss)	-40,105,618	1,047,564	-	-3,330,169	1,104.31
Net Profit (Loss) after Zakat and Tax	-40,105,618	252,518	-	-3,759,356	966.82
Total Comprehensive Income	-40,105,618	252,518	-	-3,759,356	966.82
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	41,077,838	58,667,946	-29.98
Gross Profit (Loss)	396,941	16,832,064	-97.64
Operational Profit (Loss)	-44,918,005	2,935,223	-
Net Profit (Loss) after Zakat and Tax	-45,475,555	1,023,152	-
Total Comprehensive Income	-45,475,555	1,023,152	-
Total Share Holders Equity (after Deducting Minority Equity)	59,327,180	116,436,412	-49.05
Profit (Loss) per Share	-4.55	0.1
All figures are in (Actual) Saudi Arabia, Riyals

	Accumulated Losses	Capital	Percentage %
	-43,556,196	100,000,000	43.56
All figures are in (Actual) 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 reason for decrease in net profit during current quarter compared to the same quarter of the previous year is due to:

1. Decrease in sales.

2. Provision for expected credit losses.

3. Exclusion losses of projects in progress.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 reason for increase in net loss during current quarter compared to the previous quarter is due to:

1. Decrease in sales.

2. Provision for expected credit losses.

3. Exclusion losses of projects in progress.The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The reason for decrease in net profit during current period compared to the same period of previous year is due to:

1. Decrease in sales.

2. Provision for expected credit losses.

3. Exclusion losses of projects in progress.Statement of the type of external auditor's report Disclaimer of conclusionModification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion External auditor's opinion and Disclaimer of conclusion (Attached)Reclassification of Comparison Items Certain reclassification were made in comparative numbers to conform to the current period.Attached Documents

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