AFG International Co. — Earnings Release 2013

Jan 16, 2014

Fawaz Abdulaziz AlHokair Company announces the interim financial results for the period ending on 31-12-2013 (Nine Months)

4240 · 16/01/2014 17:35:16 · Announcement #32922 · View on Saudi Exchange

Fawaz Abdulaziz AlHokair Company announces the interim financial results for the period ending on 31-12-2013 (Nine Months)

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss)	133.32	110.49	20.66	282.08	-
Gross profit (loss)	322.9	272.81	18.36	452.91	-
Operational profit (loss)	142.66	117.28	21.64	282.6	-
All figures are in (Millions) Saudi Arabia, Riyals

Element	Current period	Similar period for previous year	% Change
Net profit (loss)	580.58	483.82	20
Gross profit (loss)	1,115.48	890.04	25.33
Operational profit (loss)	600.41	492.35	21.95
Earning or loss per share, Riyals	5.53	4.61	-
All figures are in (Millions) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year	increase of the sales for the same stores and the successful opening of new stores , introducing new concepts & brands
Reasons of increase (decrease) for period compared with same period last year	increase of the sales for the same stores and the successful opening of new stores , introducing new concepts & brands
Reasons of increase (decrease) for quarter compared with previous quarter	the reason of decrease is the season factor of Ramadan month during last quarter
Reclassifications in quarterly financial results	Certain figure for the prior period have been reclassified to conform with presentation in the current period
Other notes	The turnover for the third quarter ended 31 December 2013 amounted to SR 1,297.2 m an increase of 10.6 % compared to the same period last year SR 1,172.9 m. The turnover for Nine months amounted to SR 4,125.2 m an increase of 20.6 % compared to the same period last year SR 3,421.5 m.Earnings per share for previous period been adjusted in line to the recent increase in the company capital from 70 to 105 million shares

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