Arriyadh Development Co. — Interim / Quarterly Report 2012

Jan 12, 2013

Arriyadh Development Company announces its the interim financial results for the Fourth Quarter ending at 31/12/2012((Twelve Months).

4150 · 12/01/2013 15:55:51 · Announcement #28180 · View on Saudi Exchange

Arriyadh Development Company announces its the interim financial results for the Fourth Quarter ending at 31/12/2012((Twelve Months).

1 The company s net profit during the fourth quarter was SR71.2 million compared to SR36.5 million for the same quarter last year with an increase of 95% compared to SR28.7 million for the last quarter with increase of 148%.

2 The company s gross profit during the fourth quarter was SR 79.7 million compared to SR 36.2 Million for the same quarter last year with an increase of 120%.

3 - The company s income from operation during the fourth quarter was SR 76.4 Million compared to SR33.2 million for the same quarter last year with an increase of 130%.

4- 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%.

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

SR 1.30 for the same period last year.

6- 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%.

7- 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%.

8 The reasons for the increase of profits of the Current quarter of 2012 compared to the same quarter last year due to Increase revenue sector, the sale of land.

9- The reasons for the increase of profits of the Current period compared to the same period last year due to Increase revenue sector, the sale of land.

10- The reasons for the increase of profits of the Current quarter compared to Previous quarter of the current year due to Increase revenue sector, the sale of land.

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