Jazan Development Co. announces the interim financial results for the period ending on 31-12-2013 (Twelve Months)

16/01/2014 Tadawul
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS
Net profit (loss) -27,675,618 1,735,556 - -5,244,261 -427.73
Gross profit (loss) -3,633,636 -4,196,675 13.42 -2,065,058 -75.96
Operational profit (loss) -9,113,274 -8,331,252 -9.39 -6,311,225 -44.4
All figures are in Saudi Arabia, Riyals
ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE
Net profit (loss) 123,064,130 -18,332,592 -
Gross profit (loss) -12,279,597 -17,338,110 29.18
Operational profit (loss) -29,949,553 -32,985,478 9.2
Earning or loss per share, Riyals 2.46 -0.37 -
All figures are in Saudi Arabia, Riyals
ELEMENT EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year Provision for Zakat from previous years in addition to decrease in ret profit from investments and other income.
Reasons of increase (decrease) for period compared with same period last year Increase in the sales value in addition to increase in net profit from investments.
Reasons of increase (decrease) for quarter compared with previous quarter Provision for Zakat from previous years in addition to decrease in ret profit from investments and other income.
Reclassifications in quarterly financial results some comparative figures for the twelve months of the year 2012 have been reclassified to conform with the current period of year 2013

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