Jazan Development Co. announces the interim financial results for the period ending on 30-09-2013 (Nine Months)

30/10/2013 Tadawul
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS
Net profit (loss) -5,244,261 -9,693,886 45.9 134,113,217 -
Gross profit (loss) -2,065,058 -4,154,073 50.29 -1,934,309 -6.76
Operational profit (loss) -6,311,225 -8,140,920 22.48 -6,369,548 0.92
All figures are in Saudi Arabia, Riyals
ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE
Net profit (loss) 150,739,748 -20,068,148 -
Gross profit (loss) -8,645,962 -13,141,435 34.21
Operational profit (loss) -20,836,280 -24,654,226 15.49
Earning or loss per share, Riyals 3.01 -0.4 -
All figures are in Saudi Arabia, Riyals
ELEMENT EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year increase in the sales value and the reduction of some cost items in addition to increase in net profit from investments
Reasons of increase (decrease) for period compared with same period last year The reason for the profit in this period is due to the increase in the sales value and the reduction of some cost items in addition to increase in net profit from investments
Reasons of increase (decrease) for quarter compared with previous quarter The reason for the loss in this quarter is due to the decrease in net profit from invstments
Reclassifications in quarterly financial results some comparative figures for the nine months of the year 2012 have been reclassified to conform with the current period of year 2013

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