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Abdullah Al Othaim Markets Co. — Earnings Release 2015
Feb 23, 2016
53355_rns_2016-02-23_01f44bb2-981b-428b-88eb-9faa74baf558.html
Earnings Release
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Abdullah Al Othaim Markets Company announces the annual financial results for the period ending on 31-12-2015
4001 · 23/02/2016 10:56:28 · Announcement #41330 · View on Saudi Exchange
Abdullah Al Othaim Markets Company announces the annual financial results for the period ending on 31-12-2015
| Element | Current year | Previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 230.88 | 214.78 | 7.5 |
| Earning or loss per share, Riyals | 5.13 | 4.77 | - |
| Gross profit (loss) | 998.47 | 871.13 | 14.62 |
| Operational profit (loss) | 209.77 | 202.54 | 3.57 |
*All figures are in (Millions) Saudi Arabia, Riyals
| Element | EXPLAINATION |
|---|---|
| Reasons of annual financial results | Growth in sales from existing and new branches by 14.93%, in addition to increase in rent revenue and profits from investments. |
| Reclassifications in annual financial results | Some comparative figures have been reclassified to be consistent with the presentation of the current year. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.