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Sinad Holding Co. Interim / Quarterly Report 2015

Apr 20, 2015

53384_rns_2015-04-20_9fe14b9b-75b4-4efe-bd57-75314fa6a2dd.html

Interim / Quarterly Report

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Aseer Trading, Tourism and Manufacturing Co. announces the interim financial results for the period ending on 31-03-2015 (Three Months)

4080 · 20/04/2015 16:03:18 · Announcement #38287 · View on Saudi Exchange

Aseer Trading, Tourism and Manufacturing Co. announces the interim financial results for the period ending on 31-03-2015 (Three Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss) 60.5 52.7 14.8 36.2 67.13
Gross profit (loss) 240.8 228.5 5.38 213.1 13
Operational profit (loss) 101.5 87.4 16.13 70.8 43.36
Earning or loss per share, Riyals 0.48 0.42 - - -
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year due to increase in gross income and income from main operations resulting mainly from increase in gross profit from sales by subsidiary companies and increase in income from investments, in addition to decrease in gross expenses and financial charges.
Reasons of increase (decrease) for quarter compared with previous quarter due to the increase in gross income and income from main operations resulting mainly from increase in income from investments, in addition to decrease in gross expenses and financial charges.
Reclassifications in quarterly financial results Certain comparative figures have been reclassified to conform to the current quarter presentation.

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.