Electrical Industries Co. — Interim / Quarterly Report 2018

Oct 29, 2018

Electrical Industries Co. announces its interim Financial results for the period ending on 2018-09-30 ( Nine Months )

1303 · 29/10/2018 15:11:45 · Announcement #52419 · View on Saudi Exchange

Electrical Industries Co. announces its interim Financial results for the period ending on 2018-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	174,099	227,386	-23.434	156,534	11.221
Total Profit (Loss)	30,910	39,154	-21.055	22,489	37.444
Profit (Loss) Operational	9,210	13,285	-30.673	6,650	38.496
Net Profit (Loss) after Zakat and Tax	4,316	11,439	-62.269	1,937	122.818
Total Comprehensive Income	4,316	8,470	-49.043	1,937	122.818
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	515,479	646,785	-20.301
Total Profit (Loss)	88,666	118,842	-25.391
Profit (Loss) Operational	30,706	43,734	-29.789
Net Profit (Loss) after Zakat and Tax	17,258	33,005	-47.71
Total Comprehensive Income	17,258	28,454	-39.347
Total Share Holders Equity (after deducting minority equity)	605,043	610,111	-0.83
Profit (Loss) per Share	0.38	0.73
All figures are in (Thousands) Saudi Arabia, Riyals

	Accumulated Losses	Capital
	0	45,000,000

Element List	Explanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year	No English translation, kindly refer to the Arabic version
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter	No English translation, kindly refer to the Arabic version
Reason for increase (decrease) in net profit for current period compared to the similar period of the previous year	No English translation, kindly refer to the Arabic version
Type of the external auditor's opinion	Unmodified opinion
Reclassifications in quarter financial result	No English translation, kindly refer to the Arabic version

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.