4280 · 22/06/2020 15:52:50 · Announcement #59463 · View on Saudi Exchange

Kingdom Holding Co. announces its Interim Financial Results for the Period Ending on 2020-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 333,470411,673-18.996449,638-25.835
Gross Profit (Loss) 136,136627,065-78.289534,073-74.509
Operational Profit (Loss) 111,465452,755-75.38286,337-61.072
Net Profit (Loss) after Zakat and Tax -50,112171,402-18,363-
Total Comprehensive Income -4,423,1432,030,114-1,434,361-
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 26,398,04231,477,126-16.135
Profit (Loss) per Share -0.010.05
All figures are in (Thousands) 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 Reasons of the decrease in profit for the quarter compared to the same quarter last year is due to decrease in gain on investments, decrease in hotels and other operating revenues, decrease in share of results from equity-accounted investees. Despite the decrease in impairment of financial assets, decrease in zakat and income tax expenses, decrease in general, administrative and marketing expenses, and decrease in financial charges, in addition to the increase in dividends income.
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to Reasons of the decrease in the profit for the quarter compared with last quarter due to decrease in gain on investments, decrease in hotels and other operating revenues, and increase in hotel and other operating costs. Despite the decrease in other losses and financial charges, decrease in zakat and income tax expenses, decrease in impairment of financial assets and increase in share of results from equity-accounted investee in addition to decrease in general, administrative and marketing expenses, and increase in dividends income.
Basis of the External Auditor's Opinion Unmodified opinion
Reclassification of Comparison Items Comparative figures of the same period last year were reclassified to be consistent with current figures

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