Revenue have increased during the current period by 4.35% amounting to 107.39 million, compared to 102.91 million for the same period of the previous year. This increase mainly as a result of a 58% increase in the hospitality sector’s revenues, and minor increase in retails sector’s revenues by 2.5%.
As a result, the gross profit increased by 7.3% to 74.18 million during the current half, compared to 69.13 million during the same half of the previous year.
Basic and diluted earnings per share is calculated by dividing the profit for the period attributable to the shareholders of the company by the weighted average number of ordinary shares outstanding during the period, Accordingly, the earnings per share for the comparative period were adjusted by adjusting the weighted average number of ordinary shares.
For more information, please refer to Note No. (12) included in the interim financial statements for the first quarter of 2022.
The Condensed consolidated financial statements for the period ended 30th June 2022 will be available on Al-Andalus Property Website.
As well as the Investor Presentation for the same period will be available on Al-Andalus Property website and application within the Investors relations section under investors presentations.
http://www.alandalus.com.sa
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