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Jabal Omar Development Company, which develops Jabal Omar area, reported a net profit of SAR 426.6m for the fiscal year ended Dhu Al Hijja 1435 AH, compared to a net loss of SAR 32.3m for the same period in 1434, as shown in the following table:
Income Statement |
|||
Change |
Dhū al-Ḥijja 1435 |
Dhū al-Ḥijja 1434 |
Period |
-- |
426.6 |
(32.3) |
Net Profit (SAR million) |
-- |
929.4 |
929.4 |
Average number of shares (million) |
-- |
45.90 |
(3.48) |
Earnings per share (Halala/share) |
The company attributed reporting a net profit in 1435 compared to a net loss for the same period last year, to recognizing revenue from selling and renting parts of S1 area malls and realizing revenue from fully operating Hilton Suites hotel.
Net profit since 1434H |
|||||
EPS (Halala) |
Net profit (SAR million) |
Period |
|||
1434 H |
|||||
(0.57) |
(5.3) |
Q1-Rabīʿ al-Awwal 1434 |
|||
(0.66) |
(6.1) |
Q2-Jumādā ath-Thāniya 1434 |
|||
(0.37) |
(3.4) |
Q3-Ramadan1434 |
|||
(1.89) |
(17.6) |
Q4-Dhū al-Ḥijja1434 |
|||
1435 H |
|||||
(0.27) |
(2.5) |
Q1-Rabīʿ al-Awwal 1435 |
|||
(0.05) |
(0.5) |
Q2-Jumādā ath-Thāniya 1435 |
|||
(0.17) |
(1.6) |
Q3-Ramadan1435 |
|||
46.41 |
431.3 |
Q4-Dhū al-Ḥijja1435 |
|||
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