1443/03/21 Wed Oct 27, 2021 08:43:22
Share this: Facebook TwitterLinkedIn
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
| Sales/Revenue | 1,140.82 | 586.83 | 94.403 | 955.86 | 19.35 |
| Gross Profit (Loss) | 36.41 | 39.68 | -8.24 | 34.94 | 4.207 |
| Operational Profit (Loss) | 22.86 | 28.72 | -20.403 | 26.06 | -12.279 |
| Net Profit (Loss) after Zakat and Tax | 11.4 | 17.45 | -34.67 | 12.08 | -5.629 |
| Total Comprehensive Income | 12.37 | 20.63 | -40.038 | 11.24 | 10.053 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element List | Current Period | Similar period for previous year | %Change |
| Sales/Revenue | 2,847.23 | 1,525.27 | 86.67 |
| Gross Profit (Loss) | 109 | 115.99 | -6.026 |
| Operational Profit (Loss) | 72.44 | 59.69 | 21.36 |
| Net Profit (Loss) after Zakat and Tax | 35.5 | 30.01 | 18.293 |
| Total Comprehensive Income | 36.56 | 30.62 | 19.399 |
| Total Share Holders Equity (after Deducting Minority Equity) | 811.31 | 822.07 | -1.308 |
| Profit (Loss) per Share | 0.59 | 0.5 | |
| 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 reason for the decrease in net profit during the current quarter compared to the same quarter of the previous year is due to the decrease in the cost of revenue during the same quarter of the previous year Due to stock profit resulting from fuel price increasing in addition to increase in general and administrative expenses and financing costs during the current quarter, despite the increase in sales and other income during the current quarter. |
| 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 profit during the current quarter compared to the previous quarter is due to the increase in general and administrative expenses, which led to a decrease in net profit from main operations, despite decrease in marketing expenses and financing costs, and increase in other revenues. |
| 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 reason for increase in net profit during current period compared to the same period of the previous year is due to an increase in revenues by 87%, and an increase in investment profits, in addition to the inclusion of the same period of the previous year to provision for expected credit losses. Despite the increase in general and administrative expenses, marketing expenses, financing costs and decrease in other revenues. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | do not apply |
| Additional Information |
- Comparative period for year 2020 includes the initiatives granted by the state in addition to the rental discounts obtained during the pandemic period, which contributed to reducing the cost of revenue, which led to an increase in the total profit for the period for year 2020.
- The fuel price was changed during the first half of 2021 while fixed price during third quarter. |
| Attached Documents | [Link] |
The Capital Market Authority and the Saudi Stock 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.