• Riyadh, Kingdom of Saudi Arabia

Astra Industrial Group Board invites its shareholders to attend the Extraordinary General Assembly Meeting (First meeting) via modern technology means.

1212

ASTRA INDUSTRIAL

-2.61 %

1445/11/25     02/06/2024 07:21:57

Element List Explanation
Introduction The Board of Directors of Astra Industrial Group is pleased to invite its shareholders to attend the Extraordinary General Assembly Meeting (First Meeting) via modern technology provided by Tadawulaty.
City and Location of the General Assembly’s Meeting AIG HQ, Riyadh (Using Tadawulaty system)
Hyperlink of the Meeting Location Click Here
Date of the General Assembly’s Meeting 2024-06-24 Corresponding to 1445-12-18
Time of the General Assembly’s Meeting 19:30
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End The eligibility to attend the meeting is for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting Day, and as per the rules and regulations.The right to register to attend the General Assembly meeting ends at the time of convening the General Assembly meeting. The attendee’s right to vote on the items of the Assembly’s agenda ends upon the end of screening of the votes by the Screening Committee.
Quorum for Convening the General Assembly’s Meeting The Meeting of the Extraordinary General Assembly shall be valid only in the presence of shareholders representing half of the company’s capital. In the event that this quorum is not available in the first meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting will be valid if attended by a number of shareholders representing at least a quarter of company’s capital.
General Assembly Meeting Agenda Attached
Proxy Form  
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. Shareholders can remotely vote on the General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda The shareholders who are registered in Tadawulaty Services can remotely vote on the Items of the Extraordinary General Assembly starting from 01:00 AM on Friday 21/06/2024 corresponding to 15/12/1445H and continue until the end of the Extraordinary General Assembly Meeting’s time, noting that registration and voting via Tadawulaty Services will be available and free of charge through the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries For inquiries related to agenda of the General Meeting or for general inquiries, please contact Shareholders relations at Telephone No.: 011-4752002, Extension- 139 or by email: Khaled.albalawi@aig.sa
Attached Documents   

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.

 

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Astra Industrial Group announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )

1212

ASTRA INDUSTRIAL

0.13 %

1445/11/04     12/05/2024 08:04:06

Element ListCurrent QuarterSimilar Quarter For Previous Year%ChangePrevious Quarter% Change
Sales/Revenue842,880,387748,278,11512.642789,699,1856.734
Gross Profit (Loss)350,539,320311,973,19512.361335,766,7834.399
Operational Profit (Loss)168,460,082138,783,96921.382154,181,0069.261
Net profit (Loss)149,741,384122,884,56721.855134,282,69311.512
Total Comprehensive Income154,238,486130,335,79018.339136,543,25112.959
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar Period For Previous Year%Change
Total Share Holders Equity (After Deducting the Minority Equity)2,282,141,0981,979,722,37815.275
Profit (Loss) per Share1.871.54
All figures are in (Actual) Saudi Arabia, Riyals
Element ListPercentage Of The Capital (%)Amount
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 increases in general due to:- Increase in Sales in the following sectors:a) Steel industriesb) Pharmaceuticals
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:Increase in Sales and Gross Profit in the following sectors:a) Steel Industriesb) Pharmaceuticals
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one isSales increases in general due to:- Increase in Sales in the Pharmaceuticals sector.
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. Increase in Sales and Gross Profit in Pharmaceuticals sector.2. Increase in other income, net.While noting that there is an increase in zakat and income tax expenses in all sectors.
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 ItemsN\A
Additional Information1. Net Shareholders’ Equity at the end of the period was SR 2,284,974,052/- compared to SR 2,042,827,433/- at the end of the similar period last year with an increase of 12%.2. On February 21, 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company for exiting its entire investment in Astra Mining for a transaction price SAR 35 million for 100% of the company and settlement of company’s total commercial debt of SAR 129.6M. The process is underway to complete the transaction before the end of second quarter subject to completing the agreed upon terms as per SPA.

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.

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Astra Industrial Group announces the Board recommendations to buy-back a number of its shares and allocate them to its employee within the employee stock program

1212

ASTRA INDUSTRIAL

-0.38 %

1445/11/01     09/05/2024 08:48:24

Element ListExplanation
IntroductionAstra Industrial Group Company announces the Board recommendations to buy-back its shares to retain them as Treasury Shares with a maximum of 300.000 thousand shares and not exceeding 0.375% of total issued shares
Board of director’s recommendation date2024-05-08 Corresponding to 1445-10-29
Purpose of PurchaseAllocating them to the Employee Stock Incentive Program.
Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares)To retain them as treasury shares for the purpose of allocating them to the Employee Stock Incentive Program.
Number of Shares to be Bought300000
Shares Class and typeOrdinary Shares
Method of Financing the Purchasing ProcessThe Company’s own resources and/or using credit facilities
Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares PurchasedNo treasury shares are held by the Group
Approvals and Meeting the Conditions of Financial AppropriatenessThe resolution will be voted on in the extraordinary general assembly which will be announced later according to the requirements of the fourth paragraph of article seventeen of the implementing regulation of the companies’ law for listed joint companies, and after satisfying solvency the Company as mentioned in the third paragraph of article seventeen of the implementing regulation of the companies’ law for listed joint companies.
Voting RightPurchased Shares Shall not Have Voting Rights in the General Assembly’s Meetings

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.

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Astra Industrial Group announces the board of director’s recommendation to distribute cash dividends for the year 2023

1212

ASTRA INDUSTRIAL

-0.13 %

1445/09/17     27/03/2024 08:13:40

Element ListExplanation
IntroductionThe BOD of AIG Company recommended to distribute dividends to shareholders for the year 2023
Date of the board’s recommendation2024-03-26 Corresponding to 1445-09-16
The Total amount distributed200 Million SAR
Number of Shares Eligible for Dividends80 Million shares
Dividend per shareSAR 2.50
Percentage of Dividend to the Share Par Value (%)25 %
Eligibility dateThe eligibility of dividends shall be for the shareholders who own the shares on the day of the general assembly meeting and registered in the Securities Depository Center on the closing of next trading day after the general assembly meeting, which will be announced later after getting the necessary approvals from the relevant authorities.
Distribution DateThe distribution date will be announced later after approving the distribution of dividend by the General Assembly.
The name of other official authorities and the details of their non-refusal to the recommendation or decisionN/A
Additional InformationWe would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulation.

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.

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Astra Industrial Group announces its Annual Financial results for the period ending on 2023-12-31

1212

ASTRA INDUSTRIAL

-0.25 %

1445/08/18     28/02/2024 07:46:50

Element ListCurrent YearPrevious Year%Change
Sales/Revenue2,858,502,5282,594,148,49410.19
Gross Profit (Loss)1,186,809,5141,040,052,42614.11
Operational Profit (Loss)531,267,677395,640,90834.28
Net profit (Loss)475,326,552474,316,2200.21
Total Comprehensive Income478,516,024517,745,586-7.58
Total Share Holders Equity (After Deducting the Minority Equity)2,127,902,6121,849,386,58815.06
Profit (Loss) per Share5.945.93
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 year compared to the last yearSales increases in general due to:Increase in Sales in the following sectors:a) Pharmaceuticalsb) Steel industriesc) Other
The reason of the increase (decrease) in the net profit during the current year compared to the last year isNet profit Increases in general due to:1. Increase in Sales and Gross Profit in the following sectors:a) Pharmaceuticalsb) Steel Industries2. Decrease in net financing cost in the other sector.3. Decrease in general and administrative expenses in the following sectors:a) Otherb) Specialty chemicalWhile noting that similar period during last year included gain from discontinued operation.
Statement of the type of external auditor’s reportUnmodified opinion
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 ItemsN\A
Additional Information1. Net Shareholders’ Equity at the end of the period was SR 2,131,107,759/- compared to SR 1,913,185,390/- at the end of the similar period last year with an increase of 11%.2. On February 21, 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company for exiting its entire investment in Astra Mining for a transaction price SAR 35 million for 100% of the company and settlement of company’s total commercial debt of SAR 129.6M. The process is underway to complete the transaction before the end of second quarter.

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.

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Astra Industrial Group announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

1212

ASTRA INDUSTRIAL

0.86 %

1445/04/21     05/11/2023 09:47:45

Element ListCurrent QuarterSimilar Quarter For Previous Year%ChangePrevious Quarter% Change
Sales/Revenue653,504,853622,067,1215.05667,020,375-2.03
Gross Profit (Loss)261,097,570219,942,16818.71277,971,966-6.07
Operational Profit (Loss)114,389,95676,510,83549.51123,912,746-7.68
Net Profit (Loss) after Zakat and Tax103,415,24370,865,14545.93114,744,049-9.87
Total Comprehensive Income108,008,76970,989,68052.15103,628,2144.23
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar Period For Previous Year%Change
Sales/Revenue2,068,803,3431,865,130,53410.92
Gross Profit (Loss)851,042,731719,580,29118.27
Operational Profit (Loss)377,086,671263,217,47043.26
Net Profit (Loss) after Zakat and Tax341,043,859388,651,783-12.25
Total Comprehensive Income341,972,773383,941,378-10.93
Total Share Holders Equity (after Deducting Minority Equity)1,991,359,3611,715,582,38016.07
Profit (Loss) per Share4.264.86
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 isNet profit Increase in general due to:1. Increase in sales and gross profit in pharmaceuticals sector.2. Decrease in net financing cost in the other sector.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year isNet profit Decreases in general due to:1. Decrease in Sales and Gross Profit in the following sectors:a) Specialty chemicalb) PharmaceuticalsWhile noting this was partially offset by increase in sales and gross profit in steel sector and other sector.2. Increase in net financing cost in the specialty chemical sector.3. Increase in provision for impairment of financial assets in pharmaceuticals sector.While noting that there is a decrease in general and administrative expenses and selling and distribution expenses.
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 Decreases in general due to:1. Similar period during last year included gain from discontinued operation.2. Increase in general and administrative expenses in the following sectors:a) Otherb) Specialty chemical3. Increase in Zakat expenses in the following sectors:a) Pharmaceuticalsb) Specialty chemical.While noting the following:1. Increase in sales and gross profit in the following sectors:a) Pharmaceuticalsb) Steel industry2. Decrease in net financing cost in the other sector.
Statement of the type of external auditor’s reportUnmodified conclusion
Reclassification of Comparison ItemsNone
Additional InformationNet Shareholders’ Equity at the end of the period was SR 2,053,543,321/- compared to SR 1,714,921,175 /- at the end of the similar period last year with an increase of 20%.

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.

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Astra Industrial Group announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )

1212

ASTRA INDUSTRIAL

-0.46 %

1445/01/16     03/08/2023 08:11:26

Element ListCurrent QuarterSimilar Quarter For Previous Year%ChangePrevious Quarter% Change
Sales/Revenue667,020,375608,544,4289.61748,278,115-10.86
Gross Profit (Loss)277,971,966225,761,07123.13311,973,195-10.9
Operational Profit (Loss)123,912,74691,400,60235.57138,783,969-10.71
Net Profit (Loss) after Zakat and Tax114,744,049243,096,412-52.8122,884,567-6.62
Total Comprehensive Income103,628,214238,228,033-56.5130,335,790-20.49
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar Period For Previous Year%Change
Sales/Revenue1,415,298,4901,243,063,41313.86
Gross Profit (Loss)589,945,161499,638,12318.07
Operational Profit (Loss)262,696,715186,706,63540.7
Net Profit (Loss) after Zakat and Tax237,628,616317,786,637-25.22
Total Comprehensive Income233,964,004312,951,697-25.24
Total Share Holders Equity (after Deducting Minority Equity)1,883,350,5921,644,592,70114.52
Profit (Loss) per Share2.973.97
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 isNet profit Decreases in general due to:1. Similar quarter during last year included gain from discontinued operation.2. Increase in general and administrative expenses in the following sectors:a) Otherb) Specialty chemicalc) PharmaceuticalsWhile noting the following:1. Increase in sales in the following sectors:a) Pharmaceuticalsb) Steel industry2. Decrease in net financing cost in the following sectors:a) Otherb) Specialty chemicalc) Steel industry
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year isNet profit Decreases in general due to:1. Decrease in Sales in the following sectors:a) Pharmaceuticalsb) Specialty chemicalc) OtherWhile noting that there is a decrease in general and administrative expenses and selling and distribution expenses.
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 Decreases in general due to:1. Similar period during last year included gain from discontinued operation.2. Increase in general and administrative expenses in all sectors.While noting the following:1. Increase in sales in the following sectors:a) Pharmaceuticalsb) Steel industry2. Decrease in net financing cost in the following sectors:a) Otherb) Specialty chemicalc) Steel industry
Statement of the type of external auditor’s reportUnmodified conclusion
Reclassification of Comparison ItemsNone
Additional InformationNet Shareholders’ Equity at the end of the period was SR 1,945,839,399/- compared to SR 1,644,232,915 /- at the end of the similar period last year with an increase of 18%.

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.

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Astra Industrial Group Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

Element List Explanation
Introduction The Board of Directors of Astra Industrial Group, is pleased to announce the results of the Ordinary General Assembly Meeting, which was held by using modern technology on 28 May 2023 at 07:00 p.m. After reaching the quorum of 63.97%
City and Location of the General Assembly’s Meeting By means of modern technology – AIG Headquarter – Riyadh
Date of the General Assembly’s Meeting 2023-05-28 Corresponding to 1444-11-08
Time of the General Assembly’s Meeting 19:00
Percentage of Attending Shareholders 63.97
Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees Names of the Board Members present at the General Assembly meeting:

 

 

1) Mr. Sabih Masri – CHAIRMAN

2) Mr. Khaled Masri – Deputy Chairman

3) Mr. Mohammad Al Utaibi

4) Mr. Kamil Sadeddin

5) Mr. Ali AlSubaihin

6) Mr. Abdulkarim Al-Nafi

7) Mr. Ghassan Akeel

8) Mr. Farraj Abuthenain

9) Mr. Khaled Al Mana

Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf Names of the Chairmen of the Committees present at the General Assembly:

 

 

1) Mr. Abdulkarim Al-Nafi – Chairman of the Audit Committee.

2) Mr. Ali AlSubaihin – Chairman of the Nomination and Remuneration Committee.

3) Mr. Khaled Masri – Chairman of the Performance and Investment Committee.

Voting Results on the Items of the General Assembly’s Meeting Agenda’s Attached
Attached Documents 12915_371_2023-05-28_21-22-54_en

 

 

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Astra Industrial Group announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

ent List Explanation
Introduction The Board of Directors of Astra Industrial Group is pleased to invite the shareholders to participate and vote in the Extraordinary General Assembly (First Meeting) which will be held on Sunday 28/05/2023 corresponding 08/11/1444 H at 19:00PM via modern technology means using Tadawulaty System.
City and Location of the General Assembly’s Meeting By means of modern technology – AIG Headquarter – Riyadh
URL for the Meeting Location https://www.tadawulaty.com.sa
Date of the General Assembly’s Meeting 2023-05-28 Corresponding to 1444-11-08
Time of the General Assembly’s Meeting 19:00
Attendance Eligibility Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly’s Meeting The Meeting of the Ordinary General Assembly shall be valid only in the presence of shareholders representing half of the company’s capital. In the event that this quorum is not available in the first meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda Attached
Proxy Form  
E-Vote The shareholders who are registered in Tadawulaty Services can remotely vote on the Items of the Extraordinary General Assembly starting from 01:00 AM on Wednesday 24/05/2023G corresponding 04/11/1444 H and continue until the end of the Extraordinary General Assembly Meeting’s time, noting that registration and voting via Tadawulaty Services will be available and free of charge through the following link: www.tadawulaty.com.sa
Eligibility for Attendance Registration and Voting Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication For inquiries, please contact the Investors relations department on +966114752002 ext. 139, also you can direct your inquiries to the email of the investor relations department on: Khaled.albalawi@aig.sa
Attached Documents   Attached
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Pile,Of,Fresh,Morning,Newspapers,On,The,Table,At,Office.

Astra Industrial Group announces its Annual Financial Results for the Period Ending on 2022-12-31

Element List Current Year Previous Year %Change
Sales/Revenue 2,594,148,494 2,330,204,128 11.33
Gross Profit (Loss) 1,040,052,426 894,526,085 16.27
Operational Profit (Loss) 395,640,908 326,291,102 21.25
Net Profit (Loss) after Zakat and Tax 474,316,220 202,368,832 134.38
Total Comprehensive Income 517,745,586 185,794,439 178.66
Total Share Holders Equity (after Deducting Minority Equity) 1,849,376,401 1,451,641,002 27.4
Profit (Loss) per Share 5.93 2.53
All figures are in (Actual) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is Net profit increases in general due to:1. Gain from discontinued operation.2. Increase in sales and gross profit in the following sectors:a) Pharmaceuticals.b) Specialty chemical.c) Steel industries.3. Decrease in foreign exchange and hyperinflation in the following sectors:a) Pharmaceuticals.b) Specialty chemical.4. Decrease in provision for impairment of financial assets in the following sectors:a) Specialty chemical.b) Steel industries.c) Other.While noting that there is increase in general and administrative expenses and selling and distribution expenses in all sectors.
Statement of the type of external auditor’s report Unmodified opinion
Reclassification of Comparison Items Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional Information 1. Net Shareholders’ Equity at the end of the period was SR 1,913,185,390/- compared to SR 1,504,091,847 /- at the end of the similar period last year with an increase of 27%.2. With the completion of the sale of Al Anmaa during the period, the financial results and statements of Al Tanmiya were accounted for in accordance with IFRS requirements. Please refer to Note 33 of the consolidated financial statements for further details.
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