| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
-
|
-
|
-
|
227,639
|
-
|
| Gross profit (loss) |
1,547,076
|
5,691,620
|
-
|
8,797,338
|
-
|
| Operational profit (loss) |
-
|
-
|
-
|
-
|
-
|
| All figures are in Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
-
|
-
|
- |
| Gross profit (loss) |
9,959,340
|
11,008,902
|
- |
| Operational profit (loss) |
-
|
-
|
- |
| Earning or loss per share, Riyals |
-
|
-
|
- |
| All figures are in Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The increase in the net Loss for the company’ during the current quarter compared to the corresponding quarter of the previous year is due to lower revenue . |
| Reasons of increase (decrease) for period compared with same period last year | The increase in the company’s net loss during the current period compared to the corresponding period of the previous year is due to share of loss from Associate Companies |
| Reasons of increase (decrease) for quarter compared with previous quarter | The reason for the company’s net loss during the current quarter compared to Net income during the previous quarter is due to lower revenue |
| Other notes | Total revenues for current quarter ending 30 September 2016 is 3.91 million riyal as compared to 7.03 million riyal in the corresponding quarter of the previous year with a decrease of 44%. Total revenues for current period ending 30 September 2016 is 38.64 million riyal as compared to 21.37 million riyal in the corresponding period of the previous year with an increase of 80%. Total shareholders’ equity (excluding minority) as of 30 September 2016 is 3,128 million riyal as compared to 3,140 million riyal in the corresponding period of the previous year with decrease of .04%. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.