2023-05-21

Al Kathiri Holding Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

Element ListCurrent QuarterSimilar Quarter For Previous Year%ChangePrevious Quarter% Change
Sales/Revenue32,114,49925,274,22327.0650,809,082-36.79
Gross Profit (Loss)9,047,8564,319,622109.4613,969,189-35.23
Operational Profit (Loss)2,442,045-1,600,064–4,632,069-47.28
Net Profit (Loss) after Zakat and Tax1,558,139-2,072,084–5,701,179-72.67
Total Comprehensive Income1,558,139-2,072,084–5,442,135-71.37
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar Period For Previous Year%Change
Total Share Holders Equity (after Deducting Minority Equity)136,778,220131,701,3753.85
Profit (Loss) per Share0.14-0.18
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 isThe reason for the company achieving a net profit during the current quarter compared to the losses it incurred during the similar quarter of the previous year is due to:Revenue increased by 27% over the same quarter of the previous year.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year isThe reason for the decrease in net profit during the current quarter compared to the previous quarter is due to:Decreased sales of ready-mix concrete.
Statement of the type of external auditor’s reportUnmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor OpinionThere’s no
Reclassification of Comparison ItemsCertain comparative figures have been reclassified to correspond to the current period presentation.