25 August, 2024 09:38
Alwasail Industrial Co. announces its Interim Financial results for the period ending on 2024-06-30 ( Six Months )
Element List | Current Period | Similar period for previous year | %Change | ||
---|---|---|---|---|---|
Sales/Revenue | 220,070,262 | 207,604,728 | 6.004 | ||
Net profit (Loss) | 24,342,173 | 17,731,598 | 37.281 | ||
Total Shareholders Equity (after Deducting Minority Equity) | 359,372,980 | 345,127,207 | 4.127 | ||
Profit (Loss) per Share | 0.1 | 0.07 | |||
All figures are in (Actual) Saudi Arabia, Riyals |
Element List | Amount | Percentage of the capital (%) | |
---|---|---|---|
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
All figures are in (Actual) Saudi Arabia, Riyals |
Element List | Explanation |
---|---|
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Sales of pipe products increased by 10% and sales of fittings products increased by 23% compared to the previous year. |
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Gain on disposal of investment (100% owned subsidiary) is non-recurring. |
Statement of the type of external auditor's report | Unmodified conclusion |
Reclassification of Comparison Items | None |
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