6010 · 16/01/2013 16:16:21 · Announcement #28287 · View on Saudi Exchange

NADEC announces its interim financial results for the period ended 31-12-2012 (Twelve months): (Continued)

11. There are no notice , qualification , or emphasis of a matter mentioned in the external audit report

12. There are reclassification of the comparative figures between sales and other income .

13. Additional information:

Total sales of the company for the fourth quarter amounted to SR 412.1 million compared to SR 370.7 million for the same period last year, an increase of 11%, while total sales for the twelve months period amounted to SR 1.73 billion compared to SR 1.56 billion for the same period last year, an increase of 11%. On the other hand , the company 's selling & distribution expenses have increased due to the expansion in the sales operations, additionally the general & administration expenses have also increased as a result of attracting highly talented and competent staff to support the company 's future objectives and ambitious growth plans

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