| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
28
|
30
|
-
|
24.8
|
12.9
|
| Gross profit (loss) |
209.5
|
185.2
|
13.12
|
181.6
|
15.36
|
| Operational profit (loss) |
34.6
|
37.7
|
-
|
34.4
|
0.58
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
52.8
|
52.3
|
0.96 |
| Gross profit (loss) |
391.2
|
347.1
|
12.71 |
| Operational profit (loss) |
69
|
64
|
7.81 |
| Earning or loss per share, Riyals |
0.75
|
0.75
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Decrease in the performance of the agricultural sector compared to the same quarter due to the drop in production of some crops on the other hand the Dairy and foods processing sector continued its strength momentum and grew by 18% compared to the same quarter of last year additionally operating expenses increased mainly the sales and distribution following the company s expansion plans in addition to the decrease in the Zakat provision |
| Reasons of increase (decrease) for period compared with same period last year | Increase in sales revenue of the Dairy and Foods processing sector and despite the increase in operating expenses and drop in the Agri sector performance, in addition to the decrease in the Zakat provision and decrease In non operating gains for the same period |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in sales revenue compared to the previous quarter due to companys products consumption seasonality |
| Reclassifications in quarterly financial results | some reclassification have been done in last year balance sheet to be comparable with this year figures. |
| Other notes | The reported earning per share has been recalculated for the similar quarter of last year reflecting the bonus shares that has been approved by Extra ordinary general assembly on 19th March 2014. |
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.