7201 · 19/04/2021 08:18:53 · Announcement #62878 · View on Saudi Exchange

Arab Sea Information System Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 8,865,9886,459,01637.2656,708,84632.153
Gross Profit (Loss) 3,560,7361,567,378127.1772,528,56240.82
Operational Profit (Loss) -198,512-1,649,188-87.963-6,660,209-97.019
Net Profit (Loss) after Zakat and Tax -353,143-1,725,672-79.535-7,859,367-95.506
Total Comprehensive Income -353,143-1,725,672-79.535-7,731,132-95.432
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 135,973,815150,351,566-9.562
Profit (Loss) per Share -0.04-0.17
All figures are in (Actual) 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 reason for the decrease in net loss during the current quarter compared to the same quarter of the previous year is due to the increase of the revenues in the current quarter compared to the same quarter of the previous year by 37.26%
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The reason for the decrease in net loss in the current quarter compared to the previous quarter is due to

- Increase of the revenues in the current quarter compared to the previous quarter by 32.15%

- decrease in the total general / selling expenses in the current quarter compared to the previous quarter by 59.08%

- Decrease in zakat expense in the current quarter compared to the previous quarter by 87.01%Statement of the type of external auditor's report Unmodified conclusionModification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion NoneReclassification of Comparison Items Certain comparative figures for the previous period have been reclassified to conform to this period's classification

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