Alujain Corp. — Interim / Quarterly Report 2011

Jan 18, 2012

Alujain announces its Interim Consolidated Financial Results for the period ending 31st Dec, 2011 (Twelve Months)

2170 · 18/01/2012 18:26:12 · Announcement #23755 · View on Saudi Exchange

Alujain announces its Interim Consolidated Financial Results for the period ending 31st Dec, 2011 (Twelve Months)

Alujain announces its Interim consolidated financial results for the period ending 31st Dec, 2011

1. Net loss during the 4th quarter was SR24.82 million as compared to a net income of SR39.69 million during the same period of last year and compared to net income of SR22.80 million during the previous quarter

2. Gross profit during the 4th quarter was SR2.2 million as compared to SR114.88 million during the same period of last year, decreased by 98%.

3. Operating loss during the 4th quarter was SR10.78 million as compared to an operating income of SR95.15 million during the same period of last year.

4. Net loss during the twelve months was SR9.95 million as compared to a net income of SR42.18 million during the same period of last year.

5. Loss per common share during the twelve months was SR0.14 as compared to income of SR0.61 during the same period of last year.

6. Gross profit during the twelve months was SR158.81 million as compared to SR179.02 million during the same period of last year, decreased by 11%.

7. Operating income during the twelve months was SR94.52 million as compared to an operating income of SR105.45 million during the same period of last year, decreased by 10%.(cont..)

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