22 APR 2020
| ELEMENT LIST | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | %CHANGE | PREVIOUS QUARTER | % CHANGE |
|---|---|---|---|---|---|
| Sales/Revenue | 2,082.18 | 1,705.77 | 22.066 | 1,939.4 | 7.362 |
| Gross Profit (Loss) | 561.33 | 426.18 | 31.711 | 464.58 | 20.825 |
| Operational Profit (Loss) | 505.79 | 377.18 | 34.097 | 382.55 | 32.215 |
| Net Profit (Loss) after Zakat and Tax | 419.22 | 179.33 | 133.77 | 249.08 | 68.307 |
| Total Comprehensive Income | 419.73 | 179.25 | 134.158 | 251.12 | 67.143 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| ELEMENT LIST | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | %CHANGE |
|---|---|---|---|
| Total Share Holders Equity (after Deducting Minority Equity) | 9,631.9 | 9,557.12 | 0.782 |
| Profit (Loss) per Share | 1.06 | 0.46 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| ELEMENT LIST | EXPLANATION |
|---|---|
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to | - The increase in returns of several operating segments powered by the growth in oil sector due to the raise of transportation rates in addition to the increase in number of voyage during the first quarter of the year.
- The decrease in financing expenses and the recognition of profit from the group's share of results of investment in associate companies compared to losses recognized during the corresponding quarter of the previous year, have contributed to the increase in the net profit for the group. |
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | -The increase in returns of several operating segments powered by the growth in oil .
- Recognition of profit in the group's share of results in investment in associate companies during the current quarter compared to losses recognized during previous quarter. |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Reclassification of Comparison Items | Certain comparative figures of the prior period have been reclassified to conform with the presentation of the current period. |
| Additional Information | None |