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Annual financial results for the period ending on 31-12-2015

Fri Nov 20 19:03:33 AST 2020

Element Current year Previous year % Change
Net profit (loss) 126.11 110.01 14.64
Earning or loss per share, Riyals 5.25 4.58 -
Gross profit (loss) 287.48 251.49 14.31
Operational profit (loss) 131.95 120.12 9.85
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of annual financial results 1- sales of newly opened stores in 2015 2- Increase in sales of all divisions led to increase in gross margins 3- The positive impact of the final settlement of the insurance claim related to Takhassoussi store
Reclassifications in annual financial results comparative period figures has been reclassified to conform with current period classification numbers.
Other notes The sales during the current period amounted to SAR 1,276.91 million compared to SAR 1,084.85 million with the increase of 17.70%. The increase in Other Revenues is due to The positive impact of the final settlement of the insurance claim related to Takhassoussi store amounting SAR 4.57 Million. 3 New stores were opened during the current year in the kingdom.