Arriyadh Development Co. — Earnings Release 2021

Feb 20, 2022

Arriyadh Development Co. announces its Annual Financial Results for the Period Ending on 2021-12-31

4150 · 20/02/2022 08:18:34 · Announcement #66762 · View on Saudi Exchange

Arriyadh Development Co. announces its Annual Financial Results for the Period Ending on 2021-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	250.9	237.7	5.553
Gross Profit (Loss)	172.8	168.6	2.491
Operational Profit (Loss)	98.5	146.6	-32.81
Net Profit (Loss) after Zakat and Tax	318.3	227.9	39.666
Total Comprehensive Income	333.5	231	44.372
Total Share Holders Equity (after Deducting Minority Equity)	2,021	1,981	2.019
Profit (Loss) per Share	1.79	1.28
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The company’s profits from the results of the associate company’s business and the increase in operating and rental revenues, despite the increase in general and administrative expenses.
Statement of the type of external auditor's report	Unmodified opinion
Reclassification of Comparison Items	It has been reclassification comparative figures compatible with the display tab for the current period.

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