| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
15,528,710
|
-
|
-
|
-
|
-
|
| Gross profit (loss) |
14,342,365
|
4,998,459
|
186.94
|
5,350,563
|
168.05
|
| Operational profit (loss) |
7,253,027
|
-
|
-
|
-
|
-
|
| All figures are in Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
13,041,260
|
-
|
- |
| Gross profit (loss) |
19,692,928
|
7,561,451
|
160.44 |
| Operational profit (loss) |
6,327,872
|
-
|
- |
| Earning or loss per share, Riyals |
0.04
|
-
|
- |
| All figures are in Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Increase in the company’s net profit during the current quarter compared to the corresponding quarter of the previous year is due to: Increase in sales revenues from Dar Aljjwar projects, and deliverable of numbers of villas sold on AMAAK Co. project which result in increase on realized profits from sale of land and net shared profits on associate companies , this in addition to decrease in general expenses and marketing & selling expenses . |
| Reasons of increase (decrease) for period compared with same period last year | Increase in the company’s net profit during the current quarter compared to the corresponding quarter of the previous year is due to: Increase in sales revenues from Dar Aljjwar projects, and deliverable of numbers of villas sold on AMAAK Co. project which result in increase on realized profits from sale of land and net shared profits on associate companies , this in addition to decrease in general expenses and marketing & selling expenses . |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in the company’s net profit during the current quarter compared to the corresponding quarter of the previous year is due to: Increase in sales revenues from Dar Aljjwar projects, and deliverable of numbers of villas sold on AMAAK Co. project which result in increase on realized profits from sale of land and net shared profits on associate companies , this in addition to decrease in general expenses and marketing & selling expenses . |
| Reclassifications in quarterly financial results | Certain figures of previous year have been reclassified to be in line with the current year presentation. |
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