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Astra Industrial Group — Earnings Release 2013
Feb 25, 2014
53265_rns_2014-02-25_3bf2dc6f-de68-4894-a8d5-4b926a407ccd.html
Earnings Release
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Astra Industrial Group announces the annual financial results for the period ending on 31-12-2013
1212 · 25/02/2014 16:29:46 · Announcement #33489 · View on Saudi Exchange
Astra Industrial Group announces the annual financial results for the period ending on 31-12-2013
| Element | Current year | Previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 253,138,076 | 242,670,578 | 4.31 |
| Earning or loss per share, Riyals | 3.42 | 3.27 | - |
| Gross profit (loss) | 177,036,633 | 185,221,081 | -4.42 |
| Operational profit (loss) | 683,806,659 | 617,925,981 | 10.66 |
*All figures are in Saudi Arabia, Riyals
| Element | EXPLAINATION |
|---|---|
| Reasons of annual financial results | Net profit increases mainly due to increase in sales from all sectors and increase in other income. |
| Reclassifications in annual financial results | As a result of Audit 2013, certain figures have been reclassified as compared to Q4 2013 Reviewed results |
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.