| ELEMENT LIST | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | %CHANGE | PREVIOUS QUARTER | % CHANGE |
|---|---|---|---|---|---|
| Sales/Revenue | 278 | 339 | -17.994 | 439 | -36.674 |
| Gross Profit (Loss) | 111 | 152 | -26.973 | 190 | -41.578 |
| Operational Profit (Loss) | 98 | 137 | -28.467 | 177 | -44.632 |
| Net Profit (Loss) after Zakat and Tax | 95 | 135 | -29.629 | 175 | -45.714 |
| Total Comprehensive Income | 95 | 135 | -29.629 | 175 | -45.714 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| ELEMENT LIST | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | %CHANGE |
|---|---|---|---|
| Sales/Revenue | 727 | 797 | -8.782 |
| Gross Profit (Loss) | 301 | 345 | -12.753 |
| Operational Profit (Loss) | 275 | 319 | -13.793 |
| Net Profit (Loss) after Zakat and Tax | 270 | 318 | -15.094 |
| Total Comprehensive Income | 270 | 318 | -15.094 |
| Total Share Holders Equity (after Deducting Minority Equity) | 3,120 | 3,310 | -5.74 |
| Profit (Loss) per Share | 1.93 | 2.27 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| ELEMENT LIST | EXPLANATION |
|---|---|
| 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 decrease in net profit for the current quarter compared to the same quarter of the previous year is due to:1- A decrease in sales revenue by (17.99%) and a decrease in the quantity of sales by (17.25%).
2- Other income decreased by (44.41%). |
| 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 decrease in net profit for the current quarter compared to the previous quarter of the current year is due to:1-Decrease in sales revenue by (36.67%).
2- Other income decreased by (71.79%) |
| 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 decrease in net profit during the current period compared to the same period of the previous year is due to:1- Sales revenue decreased by (8.78%)
2- Decrease in other income by (49.82%) 3- Increase in Zakat provision by (94.54%) |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| Reclassification of Comparison Items | Some comparative figures for the six-month period of 2020 have been reclassified to conform to the presentation for the six-month period of 2021. |
| Additional Information | 1- Total sales revenues during the current period amounted to 727 million riyals, compared to 797 million riyals for the same period of the previous year, with a decrease of (8.78%).2- Total shareholders’ equity (there are no minority interests) during the current quarter amounted to 3,120 million riyals, compared to 3,310 million riyals for the same quarter of the previous year, with a decrease of (5.74%).
3- The total comprehensive income for the current quarter of 2021 amounted to 95 million compared to 135 million for the same quarter of the previous year, with a decrease of (29.63%). 4- Total comprehensive income for the current period of 2021 amounted to 270 million compared to 318 million for the same period, a decrease of (15.09%). 5- Basic earnings per share is calculated based on the profit distributable to shareholders for ordinary shares and using the weighted average number of ordinary shares outstanding at the date of the financial statements. |
