6070 · 09/11/2023 08:42:54 · Announcement #76826 · View on Saudi Exchange

Al-Jouf Agricultural Development Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 149,573135,35310.5157,900158.33
Gross Profit (Loss) 43,04044,002-2.1918,976126.81
Operational Profit (Loss) 21,42921,492-0.294,900337.33
Net Profit (Loss) after Zakat and Tax 20,71619,8404.424,695341.24
Total Comprehensive Income 20,71619,8404.424,695341.24
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 311,916259,78720.07
Gross Profit (Loss) 99,82996,0163.97
Operational Profit (Loss) 47,76246,8831.87
Net Profit (Loss) after Zakat and Tax 45,48641,8998.56
Total Comprehensive Income 45,48641,8998.56
Total Share Holders Equity (after Deducting Minority Equity) 698,023654,5216.65
Profit (Loss) per Share 1.521.4
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The increase in net profit for the current quarter 2023 compared to the similar quarter last year due to the increase in sales, the increase in other revenues, and the decrease in general and administrative cost, despite the increase in Zakat expense.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is The increase in net profit for the current quarter 2023 compared to the previous quarter 2023 due to the increase in sales, and the increase in other revenues, despite the increase in selling and distribution cost, and the increase in Zakat expense.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The increase in net profit for the current period compared to the similar period last year due to the increase in sales , and the increase in other revenues , despite the increase in selling and distribution cost, the increase in general and administrative cost, and the increase in Zakat expense.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain comparative figures for the previous period have been reclassified to conform to the way they are presented for the current period.

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.