Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue715,112,301819,094,894-12.694833,728,170-14.227
Gross Profit (Loss)326,588,983338,828,302-3.612372,598,003-12.348
Operational Profit (Loss)203,614,307163,267,09424.712189,301,1157.561
Net profit (Loss)174,924,439168,747,3193.66171,871,0961.776
Total Comprehensive Income174,796,305163,358,1767.001176,723,126-1.09
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue1,548,840,4711,652,133,146-6.252
Gross Profit (Loss)699,186,986687,924,8611.637
Operational Profit (Loss)392,915,422332,272,79918.25
Net profit (Loss)346,795,535318,488,7038.887
Total Comprehensive Income351,519,431317,596,66210.681
Total Shareholders Equity (after Deducting Minority Equity)2,635,325,5092,245,499,27417.36
Profit (Loss) per Share4.333.98
All figures are in (Actual) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value––
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year isSales decrease in general due to:Decrease in Sales in the following sectors:a) Steel industryb) Specialty chemical
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year isNet profit Increases in general due to:1. Decrease in general and administrative expenses in Steel industry.2. Decrease in zakat and income tax expenses in all sectors.3. Decrease in financial costs in Specialty chemical sector.While noting that there is Gain from discontinued operation in similar quarter last year.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one isSales decrease in general due to:Decrease in Sales in all sectors.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one isNet profit Increases in general due to:1. Decrease in general and administrative expenses in Steel Industry sector.2. Decrease in selling and distribution expenses in Pharmaceuticals sector.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year isSales decreases in general due to:Decrease in Sales in the Steel industry sector.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year isNet profit Increases in general due to:1. Decrease in general and administrative expenses in the Steel Industry sector.2. Increase in Gross Profit in Pharmaceuticals sector.3. Decrease in financial costs in Specialty Chemical sector.While noting that there is Gain from discontinued operation in similar period last year.
Statement of the type of external auditor’s reportUnmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)N\A
Reclassification of Comparison ItemsCertain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional InformationNet Shareholders’ Equity at the end of the period was SR 2,656,733,760/- compared to SR 2,252,334,319/- at the end of the similar period last year with an increase of 18%.

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