Kingdom Holding Co. announces its Interim Financial Results for the Period Ending on 2020-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	300,369	47,584	531.239	214,502	40.03
Gross Profit (Loss)	108,649	-266,036	-	69,456	56.428
Operational Profit (Loss)	-87,024	269,044	-	-1,004,436	-91.336
Net Profit (Loss) after Zakat and Tax	-192,727	86,804	-	-1,126,759	-82.895
Total Comprehensive Income	-242,212	-205,387	17.929	1,111,010	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	912,792	1,440,245	-36.622
Gross Profit (Loss)	314,241	587,687	-46.529
Operational Profit (Loss)	-979,995	979,342	-
Net Profit (Loss) after Zakat and Tax	-1,369,598	401,805	-
Total Comprehensive Income	-3,554,345	2,797,484	-
Total Share Holders Equity (after Deducting Minority Equity)	27,266,840	31,477,126	-13.375
Profit (Loss) per Share	-0.38	0.11
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
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 share of results from equity-accounted investees, decrease in hotels and other operating revenue, decrease in other gains and reversal of impairment of financial assets, increase in zakat expenses, in addition to increase in general, administrative and marketing expenses. Despite the decrease in losses on investments, decrease in hotel and other operating costs, in addition to increase in dividends income, decrease in financial charges and decrease in income tax expenses.
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to	Reasons of the increase in profit for the quarter compared to last quarter is due to decrease in other losses, increase in share of results from equity-accounted investees, increase in dividends income, increase in hotels and other operating revenues, in addition to decrease in impairment of financial assets, decrease in financial charges, and zakat expenses. Despite the increase in hotel and other operating costs, decrease in gain on investments, in addition to increase in general, administrative and marketing expenses, and increase in income tax expenses.
Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to	Reasons of the decrease in the profit for the period compared to the same period last year is due to decrease in share of results from equity-accounted investees, decrease in hotels and other operating revenues, increase in other losses, in addition to increase in zakat expenses. Despite the decrease in hotel and other operating costs, decrease in general, administrative and marketing expenses, decrease in financial charges, in addition to increase in dividends income, decrease in income tax expenses, decrease in impairment of financial assets, and increase in gains on investments.
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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