4250 · 30/10/2019 15:23:01 · Announcement #56545 · View on Saudi Exchange

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

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 240.291,322.66-81.832297.03-19.102
Gross Profit (Loss) 80.38673.04-88.05784.17-4.502
Operational Profit (Loss) 93.48643.24-85.467188.2-50.329
Net Profit (Loss) after Zakat and Tax -80.62469.62-29.75-
Total Comprehensive Income -80.62469.62-29.75-
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 714.931,715.04-58.314
Gross Profit (Loss) 153751.83-79.649
Operational Profit (Loss) 458.27667.73-31.368
Net Profit (Loss) after Zakat and Tax -49.25192.3-
Total Comprehensive Income -49.25192.3-
Total Share Holders Equity (after Deducting Minority Equity) 9,563.219,781.91-2.235
Profit (Loss) per Share -0.050.21
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to The reason for the net loss incurred during the current quarter compared to the same quarter of the previous year is decrease of revenue from sales of residential units as revenue in previous quarter of last year included one-off bulk sale of residential units
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to The reason for the net loss incurred during the current quarter compared to the previous quarter is decrease of revenue from sales of residential units, hotels revenue, other income.
Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to The reason for the net loss incurred during the current period compared to the similar period of the previous year is decrease of revenue from sales of residential units as last year revenue included one-off bulk sale of residential units
Basis of the External Auditor's Opinion Unmodified opinion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion Not applicable
Reclassification of Comparison Items Not applicable

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