Saudi Industrial Development Co. — Earnings Release 2019

Apr 23, 2020

Saudi Industrial Development Co. announces its Annual Financial Results for the Period Ending on 2019-12-31

2130 · 23/04/2020 13:40:52 · Announcement #58683 · View on Saudi Exchange

Saudi Industrial Development Co. announces its Annual Financial Results for the Period Ending on 2019-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	191.4	190.1	0.683
Gross Profit (Loss)	33.2	28.7	15.679
Operational Profit (Loss)	-45.5	-29.3	55.29
Net Profit (Loss) after Zakat and Tax	-39.2	-30.1	30.232
Total Comprehensive Income	-37.3	-29.2	27.739
Total Share Holders Equity (after Deducting Minority Equity)	217.9	322.6	-32.455
Profit (Loss) per Share	-0.98	-0.75
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
Increase (Decrease) in Net Profit for Current Year Compared to Last Year is Attributed to	No English translation, kindly refer to the Arabic version
Basis of the External Auditor's Opinion	Other Matter paragraph
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion	No English translation, kindly refer to the Arabic version
Reclassification of Comparison Items	No English translation, kindly refer to the Arabic version
Additional Information	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.