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Arriyadh Development Co. — Earnings Release 2013
Jan 20, 2014
53402_rns_2014-01-20_762e09d5-5ebf-4786-9389-c739481d4aea.html
Earnings Release
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Arriyadh Development Co. announces the Annual financial results for the period ending on 31-12-2013 (Twelve Months)
4150 · 20/01/2014 16:51:10 · Announcement #33024 · View on Saudi Exchange
Arriyadh Development Co. announces the Annual 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) | 45.32 | 71.2 | - | 40.7 | 11.35 |
| Gross profit (loss) | 46.45 | 79.74 | - | 43.6 | 6.54 |
| Operational profit (loss) | 44.2 | 76.36 | - | 41.2 | 7.28 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 249.7 | 228.9 | 9.09 |
| Gross profit (loss) | 262.8 | 250.2 | 5.04 |
| Operational profit (loss) | 250.4 | 234.3 | 6.87 |
| Earning or loss per share, Riyals | 2.5 | 2.29 | - |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | due to decrease sale of land sector. |
| Reasons of increase (decrease) for period compared with same period last year | due to revenue growth in operating&leasing sectors. Lower costs of operating and leasing sectors. Lower general , administrative and markiting expenses. |
| Reasons of increase (decrease) for quarter compared with previous quarter | due to revenue growth in operating&leasing sectors. |
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