Arriyadh Development Co. — Earnings Release 2012

Feb 24, 2013

Arriyadh Development Company announces its Audited financial results for the year ended at 31/12/2012.

4150 · 24/02/2013 08:21:19 · Announcement #29132 · View on Saudi Exchange

Arriyadh Development Company announces its Audited financial results for the year ended at 31/12/2012.

Arriyadh Development Company announces its Audited financial results for the year ended at 31/12/2012 :

1- The company s net profit during the Twelve Months was SR 228.9 million

Compared to SR 130.2 million for the same Period last year with an increase of 76%.

2 The Earnings per share during Twelve Months was SR 2.29 compared to

SR 1.30 for the same period last year.

3- The company s gross profit during the Twelve Months was SR 250.2 million compared to SR 141.9 Million for the same Period last year with an

Increase of 76%.

4- The company s income from operation during the Twelve months was SR

234.3 Million compared to SR 129.5 million for the same Period last year

With an increase of 81%.

5- The reasons for the increase of profits of the Current Period 2012

Compared to the same Period last year due to increase revenue sector the sale of land.

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.