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Development Works Food Co. — Interim / Quarterly Report 2021
Aug 17, 2021
53467_rns_2021-08-17_e38709fd-1157-45c6-85fe-1139994722e9.html
Interim / Quarterly Report
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Development Works Food Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )
6013 · 17/08/2021 16:01:50 · Announcement #64592 · View on Saudi Exchange
Development Works Food Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 44,415,598 | 48,681,763 | -8.763 |
| Gross Profit (Loss) | 8,332,052 | -2,596,935 | - |
| Operational Profit (Loss) | 1,699,832 | -6,134,595 | - |
| Net Profit (Loss) after Zakat and Tax | 3,031,236 | -6,015,891 | - |
| Total Comprehensive Income | 3,031,236 | -6,015,891 | - |
| Total Share Holders Equity (after Deducting Minority Equity) | 33,184,197 | 32,579,185 | 1.857 |
| Profit (Loss) per Share | 1.21 | 4.81 | |
| All figures are in (Actual) Saudi Arabia, Riyals |
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to | The reason for recording the net profit for the period from 2021 compared to the net losses for the same period in 2020 is mainly due to the exit from unprofitable activities and focus on activities that generate a return, as well as reducing expenses and controlling operating costs |
| Statement of the type of external auditor's report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | NA |
| Reclassification of Comparison Items | Certain figures for the comparative period have been reclassified to conform to the presentation for the current period. |
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