| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 777.3 | 724.4 | 7.302 | ||
| Gross Profit (Loss) | 113.5 | 61.6 | 84.253 | ||
| Operational Profit (Loss) | 72.3 | 32.9 | 119.756 | ||
| Net Profit (Loss) after Zakat and Tax | 62.1 | 22.1 | 180.995 | ||
| Total Comprehensive Income | 61.7 | 23.2 | 165.948 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 457.6 | 518.8 | -11.796 | ||
| Profit (Loss) per Share | 1.51 | 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 year compared to the last year is | The reason for the increase in net profit for the current year compared to the previous year is mainly due to growth in sales volumes and higher profit margins, in addition to the increase in selling and distribution expenses as a percentage of sales, also a increase in general and administrative expenses.and an increase in the expense incurred during the period versus a decrease in commercial debtors and inventory (Corona-Covid-19) and the decrease in Zakat Expense. |
| Statement of the type of external auditor’s report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | No Remarks |
| Reclassification of Comparison Items | Some of the same last year period comparative figures were reclassified to comply with the current period comparative figures |
| Additional Information | Initial management estimates of the impact of precautionary measures for the Corona pandemic (Covid 19) have been taken into account when estimating the decline in the value of trade receivables and inventory to date, The earnings per share was calculated according to the weighted number of shares taking in concedration the capital recudtion transaction completed during 2020. |
