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Al-Jouf Agricultural Development Co. — Earnings Release 2013
Jan 13, 2014
53478_rns_2014-01-13_e7cea9d0-e4f6-4fde-b41a-d6662b9c055c.html
Earnings Release
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Al-Jouf Agriculture Development Co. announces the interim financial results for the period ending on 31-12-2013 (Twelve Months)
6070 · 13/01/2014 16:47:42 · Announcement #32844 · View on Saudi Exchange
Al-Jouf Agriculture Development Co. announces the interim financial results for the period ending on 31-12-2013 (Twelve Months)
| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) | 37,714 | 40,200 | - | 34,358 | 9.77 |
| Gross profit (loss) | 55,137 | 57,289 | - | 50,513 | 9.15 |
| Operational profit (loss) | 34,173 | 41,065 | - | 35,852 | - |
| All figures are in (Thousands) Saudi Arabia, Riyals |
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 103,274 | 101,677 | 1.57 |
| Gross profit (loss) | 149,829 | 149,833 | 0 |
| Operational profit (loss) | 96,843 | 101,437 | - |
| Earning or loss per share, Riyals | 4.13 | 4.07 | - |
| All figures are in (Thousands) Saudi Arabia, Riyals |
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | decreases in the sales as well as Seasonal sales |
| Reasons of increase (decrease) for period compared with same period last year | reduction of some cost elements and having a capital profit |
| Reasons of increase (decrease) for quarter compared with previous quarter | reduction of some cost elements and having a capital profit |
| Reclassifications in quarterly financial results | some corresponding figures for the year 2012 have been reclassified to be aligned with the presentation of the year 2013 |
| Other notes | There are SAR 7.73 million in profit for the twelve months ended 31 December 2013 is the capital profits From the sale of equipment |
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.