Al Kathiri Holding Co. announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue42,457,64632,666,86329.97145,640,238-6.973
Gross Profit (Loss)6,762,2737,274,525-7.0415,853,53815.524
Operational Profit (Loss)2,660,7442,472,8737.5972,637,0180.899
Net profit (Loss)238,164666,169-64.248234,1751.703
Total Comprehensive Income238,164666,169-64.248234,1751.703
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue88,097,88464,871,36235.803
Gross Profit (Loss)12,615,81112,919,097-2.347
Operational Profit (Loss)5,297,7624,914,9187.789
Net profit (Loss)472,3392,224,308-78.764
Total Comprehensive Income472,3392,224,308-78.764
Total Shareholders Equity (after Deducting Minority Equity)131,506,793137,418,036-4.301
Profit (Loss) per Share0.0020.01
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 isThe increase in revenues during the current quarter compared to the same quarter of the previous year is due to the growth in sales in the cement and ready-mix concrete sectors
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year isThe decrease in net profit during the current quarter compared to the same quarter of the previous year is due to the increase in the cost of sales and higher selling and distribution expenses
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one isThe decrease in revenues during the current quarter compared to the previous quarter is due to a decline in sales
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one isThe increase in net profit during the current quarter compared to the previous quarter is due to the decrease in the cost of revenues
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year isThe increase in revenues during the current period compared to the same period of the previous year is due to the growth in sales across the company’s sectors
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year isThe decrease in net profit during the current period compared to the same period of the previous year is due to the increase in selling and distribution expenses and financing expenses
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)None
Reclassification of Comparison ItemsThe comparison figures have been re-tabulated to align with the current tabulation for the six-month period ending on 30-06-2024
Additional Information