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Seera Group Holding Earnings Release 2014

Apr 17, 2014

53277_rns_2014-04-17_41f272dd-9552-43a4-95a8-05a54db6dc49.html

Earnings Release

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ALTAYYAR TRAVEL GROUP announces the interim financial results for the period ending on 31-03-2014 (Three Months)

1810 · 17/04/2014 17:49:50 · Announcement #34240 · View on Saudi Exchange

ALTAYYAR TRAVEL GROUP announces the interim financial results for the period ending on 31-03-2014 (Three Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss) 280 218 28.44 209 33.97
Gross profit (loss) 363 302 20.2 339 7.08
Operational profit (loss) 266 229 16.16 214 24.3
Earning or loss per share, Riyals 2.33 1.82 - - -
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year Attributed to growth in sales by 15 %.and increased in capital Gain on disposal of property and equipment by SAR 27 million.
Reasons of increase (decrease) for quarter compared with previous quarter Attributed to growth in sales by 12 %.and increased in capital Gain on disposal of property and equipment by SAR 27 million.
Other notes Earnings per share as of 31/3/2014 have been calculated by using 120 million number of ordinary shares ,In case of using ordinary shares after issuance of the bonus share the earnings per share will be SAR 1.87 as at 31 March 2014 comparing by SAR 1.45 as at 31/3/2013.

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.