Al-Jouf Agricultural Development Co. — Earnings Release 2013

Jan 14, 2014

AL-JOUF AGRICULTURE DEVELOPMENT CO. ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 31-12-2013 (TWELVE MONTHS)

6070 · 14/01/2014 10:10:10 · Announcement #32849 · View on Saudi Exchange

AL-JOUF AGRICULTURE DEVELOPMENT CO. ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 31-12-2013 (TWELVE MONTHS)

AL-JOUF AGRICULTURE DEVELOPMENT CO. ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 31-12-2013 (TWELVE MONTHS) would like to add some of the reasons

1 - a reference to the profits of the current quarter compared with a profit the same quarter of the previous year, in addition to the stated reason for the decline is also due to the increase in operating expenses

2 - a reference to the height of the twelve month earnings for the current year 2013 compared to the same period of the previous year in 2012 due to the lack of frost damage this year compared to the previous year 2012 which amounted to 4.97 million SAR

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