1438/05/18 15/02/2017 08:57:26
Element | Current year | Previous year | % Change |
Net profit (loss) | 902 | 940 | -4.04 |
Earning or loss per share, Riyals | 5.89 | 6.15 | – |
Gross profit (loss) | 1,029 | 1,136 | -9.42 |
Operational profit (loss) | 933 | 964 | -3.22 |
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT | EXPLAINATION |
Reasons of annual financial results : | Decrease in sales, increase in Cost of sales due to increase in Power Prices, Decrease in other Income and increase in Islamic Financing Charges. |
Reclassifications in annual financial results : | Certain of the last year amounts have been reclassified to conform with the presentation in the current year. |
Other notes : | Total sales for the current year was SR 1,778 Million compared with SR 1,932 Million for last year, a decrease of 8%. Total Shareholder Equity (no Minority Interest) for current year was SR 3,275 Million compared with SR 3,256 Million for last year, increase of 0.6%. |