| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
-
|
-
|
-
|
-
|
-
|
| Gross profit (loss) |
-
|
-
|
-
|
607,684
|
-
|
| Operational profit (loss) |
-
|
-
|
1.79
|
-
|
-
|
| All figures are in Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
-
|
-
|
- |
| Gross profit (loss) |
273,158
|
16,456,431
|
- |
| 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 company’s net Loss during the current quarter compared to the corresponding quarter of previous year is due to Lower income from Murabaha |
| 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 previous year is due to Lower revenue and lower icome from Murabaha |
| Reasons of increase (decrease) for quarter compared with previous quarter | The increase in the company’s net Loss during the current quarter compared to Net Loss during the previous quarter is due to lower revenue |
| Reclassifications in quarterly financial results | The comparative figures for Q3 2016 have been adjusted to comply with International Financial Reporting Standards |
| Other notes | Total revenues for current quarter ending 30 Sep 2017 is 4.18 million riyal as compared to 4.19 million riyal in the corresponding quarter of the previous year with a decrease of 0.22% and 8.43 million riyal in the previous quarter of current year with a decrease of 50.49% .Total Revenue for the current period ending 30 Sep 2017 is 21.29 million riyal as compared to 39.45 million riyal in the corresponding period of the previous year with decrease 46.02%. The comprehensive loss for the current quarter ending 30 Sep 2017 is 11.87 million riyal compared to 9.66 in the corresponding quarter of the previous year with an increase of 22.91% and 9.44 million riyal losses in the previous quarter with an increase of 25.7%, the comprehensive loss for the current period ending 30 Sep 2017 is 28.28 million riyal compared to 8.25 million riyal in the corresponding period of the previous year with an increase 242.72%. Total shareholders’ equity (excluding minority) as of 30 Sep 2017 is 3,134.81 million riyal as compared to 3,140.59 million riyal in the corresponding period of the previous year with a decrease of 0.18%. The Accumulated losses for the current period 2017 is 257.58 million riyal with percentage of 7.591 % of the capital and the accumulated losses for the corresponding period of the previous year 2016 is 251.82 million riyal with percentage of 7.422% of the capital. The loss per share for this quarter ending 30 Sep 2017 is (0.035) compared to (0.028) in the corresponding quarter in the previous year and the loss per share for the current period ending 30 Sep 2017 is (0.083) compared to (0.024) in the corresponding period in the previous year. |
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