Alujain Corp. — Interim / Quarterly Report 2012

Oct 17, 2012

Alujain announces its Interim Financial Statements for the period ending 30th Sep, 2012 (Nine Months)

2170 · 17/10/2012 08:32:24 · Announcement #27363 · View on Saudi Exchange

Alujain announces its Interim Financial Statements for the period ending 30th Sep, 2012 (Nine Months)

Alujain announces its interim financial statements for the period ending 30th Sep, 2012:

1. Net Income during the 3rd quarter was SR10.61 million as compared to net income of SR22.80 million during the same period of last year representing a decrease of 53% and compared to net income of SR14.36 million during the previous quarter with a decrease of 26%.

2. Gross profit during the 3rd quarter was SR64.47 million as compared to SR84.34 million during the same period of last year, decreased by 24%.

3. Operating income during the 3rd quarter was SR46.38 million as compared to an operating income of SR67.36 million during the same period of last year, decreased by 31%.

4. Net Income during the nine months was SR34.56 million as compared to a net income of SR14.87 million during the same period of last year, increased by 132%.

5. Income per common share during the nine months was SR0.50 as compared to income of SR0.21 during the same period of last year.

6. Gross profit during the nine months was SR205.75 million as compared to SR156.62 million during the same period of last year, increased by 31%.

7. Operating income during the nine months was SR150.14 million as compared to an operating income of SR105.30 million during the same period of last year, increased by 43%. (continued)

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