Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change
Sales/Revenue 17,354,940 13,239,614 31.08 27,450,084 -36.78
Gross Profit (Loss) 6,371,094 5,267,140 20.96 9,198,104 -30.73
Operational Profit (Loss) 5,848,072 -505,875 - 12,177,990 -51.98
Net Profit (Loss) after Zakat and Tax 5,465,343 -1,081,138 - 11,398,934 -52.05
Total Comprehensive Income 5,274,272 -1,180,018 - 11,444,208 -53.91
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar Period For Previous Year %Change
Sales/Revenue 72,287,133 57,397,063 25.94
Gross Profit (Loss) 24,435,168 17,491,533 39.7
Operational Profit (Loss) 20,401,513 -2,562,076 -
Net Profit (Loss) after Zakat and Tax 18,646,952 27,249,386 -31.57
Total Comprehensive Income 17,930,488 26,836,246 -33.19
Total Share Holders Equity (after Deducting Minority Equity) 564,391,622 569,871,762 -0.96
Profit (Loss) per Share 0.37 0.54
All figures are in (Actual) Saudi Arabia, Riyals
  Accumulated Losses Capital Percentage %
  11,077,184 500,000,000 2
All figures are in (Actual) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason for the increase in the net profit during the current quarter compared to the comparative quarter of the previous year is the increase in shrimp sales in the local market, which in turn achieved an increase in revenues by 31%, gross profit by 21%, and operative income by 1256% compared to the same quarter.

 

 

Due to the aforementioned, the net profit for the third quarter of this year increased by 606% compared to the comparative 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 is The reason for the decrease in net profit during the current quarter compared to the previous quarter is the resulting profits that were booked were gained from the company’s share in Rakhaa Company (an associated company) (Note No. 6).

 

 

Due to the aforementioned, the net profit for the current quarter decreased by 52% compared to the previous quarter.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The reason for the decrease in the net profit during the current period compared to the comparative period of the previous year is the recognition of the profits resulting from the sale of a fixed asset (land in the Khabt Al-Falaq area in Jazan) with a profit of 31 million Saudi riyals in the comparative period of the previous year.

 

 

Due to the aforementioned, the net profit for the current period of this year decreased by 32% compared to the comparative period of the previous year.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain figures for the comparative year have been reclassified to conform with the current period's presentation.

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