Arriyadh Development Co. — Interim / Quarterly Report 2016

Jul 31, 2016

Arriyadh Development Co. announces the interim financial results for the period ending on 30-06-2016 (Six Months)

4150 · 31/07/2016 15:23:08 · Announcement #43440 · View on Saudi Exchange

Arriyadh Development Co. announces the interim financial results for the period ending on 30-06-2016 (Six Months)

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss)	132.8	70.8	87.57	54.1	145.47
Gross profit (loss)	139.9	76.8	82.16	58	141.21
Operational profit (loss)	135.3	72	87.92	53.8	151.49
All figures are in (Millions) Saudi Arabia, Riyals

Element	Current period	Similar period for previous year	% Change
Net profit (loss)	186.9	142	31.62
Gross profit (loss)	197.9	153.7	28.76
Operational profit (loss)	189.1	144.4	30.96
Earning or loss per share, Riyals	1.4	1.06	-
All figures are in (Millions) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year	For their participation in the real estate fund fully its share of land located in the northeast of the city of Riyadh with the alinma Investment Company, which previously announced on 02/11/2015, 27/03/2016 .
Reasons of increase (decrease) for period compared with same period last year	For their participation in the real estate fund fully its share of land located in the northeast of the city of Riyadh with the alinma Investment Company, which previously announced on 02/11/2015, 27/03/2016 .
Reasons of increase (decrease) for quarter compared with previous quarter	For their participation in the real estate fund fully its share of land located in the northeast of the city of Riyadh with the alinma Investment Company, which previously announced on 02/11/2015, 27/03/2016 .

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