AL JOUF AGRICULTURAL DEVELOPMENT COMPANY (AL JOUF) ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2012 (NINE MONTHES)
1-Net profit attained during the third quarter (34.81)million riyals compared to net profit (29.31)million for the same quarter of previous year, an increase of 18.77% and net profit of (20.24)million riyals compared to previous quarter an increase of 72%.
2-Gross profit attained during the third quarter (57.59)million riyals compared to gross profit (45.22)million riyals for the corresponding quarter of previous year, an increase of 27.34%.
3-Operating profit attained during the third quarter (40.32)million riyals compared to operating profit (30.4)million riyals for the same quarter the previous year, an increase of 32.63%.
4-Net profit for nine months (62.14) million riyals compared to net profit (50.48)million riyals for the same period the previous year, an increase of 23.09%.
5-Earnings per share attained for the nine months SAR (2.49)riyal versus earnings per share (2.02)riyal for the same period the previous year.
6-Gross profit attained for the nine months (95.13)million riyals compared to gross profit (76)million riyals riyals for the same period the previous year, an increase 25.17%.
7-The operating profit attained during the nine months (62.23)million riyals compared to an operating profit (48.68)million riyals for the same period the previous year, an increase of 27.82%.
8- The Reason for the rise in net profits for the Third quarter ended 30 September 2012 Result of the increase in sales value compared to the same period last year.
9-The Reason for the rise in net profits for the Third quarter ended 30 September 2012 is the Result of the increase in sales value an increase of 72% is the Result (135.97)million riyals compared to the second quarter 2012 to (55.63)million riyals .
10- The Reason for the rise in net profits for the Nine months ended 30 September 2012 is the Result of the increase in sales value (227.83) million compared to the same period last year (166.33)million Although increasing the cost of some products
11- There are SAR 5.28 million in profit for the Nine months ended 30 September 2012 is the capital profits.
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