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Seera Group Holding — Earnings Release 2014
Feb 22, 2015
53277_rns_2015-02-22_e1cab3d5-5355-41bb-8607-257c0f36ef42.html
Earnings Release
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ALTAYYAR TRAVEL GROUP holding announces the annual financial results for the period ending on 31-12-2014
1810 · 22/02/2015 08:05:21 · Announcement #37215 · View on Saudi Exchange
ALTAYYAR TRAVEL GROUP holding announces the annual financial results for the period ending on 31-12-2014
| Element | Current year | Previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 1,119 | 977 | 14.53 |
| Earning or loss per share, Riyals | 7.46 | 6.51 | - |
| Gross profit (loss) | 1,621 | 1,341 | 20.88 |
| Operational profit (loss) | 1,147 | 988 | 16.09 |
*All figures are in (Millions) Saudi Arabia, Riyals
| Element | EXPLAINATION |
|---|---|
| Reasons of annual financial results | Attributed to growth in sales by 23% and increase in other operating income by 16% |
| Reclassifications in annual financial results | Certain prior year figures have been reclassified to conform to the current year presentation |
| Other notes | 1- The operating income adjusted by SR 35 million for the current year compared to last year that is attributed to impairment loss recorded for one of the Groups equity investee company - Without the impact of this impairment the growth in the net operating income as compared to last year is 20% 2- Earnings or loss per share from operating income, other income. expense and net income for the current and comparative period has been calculated by using the number of ordinary shares outstanding as at 31 December 2014 of 150 million shares 150 million shares 31 December 2013 adjusted for bonus share issued on 20 March 2014 see note 25 |
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.