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Thimar Development Holding Co. Earnings Release 2019
53403_rns_2022-07-03_3e279df2-28f5-467e-a46a-571e61b750b6.html
Earnings Release
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Thimar Development Holding Co. announces its Annual Financial Results for the Period Ending on 2019-12-31
4160 · 03/07/2022 08:05:19 · Announcement #69137 · View on Saudi Exchange
Thimar Development Holding Co. announces its Annual Financial Results for the Period Ending on 2019-12-31
| Element List | Current Year | Previous Year | %Change |
|---|---|---|---|
| Sales/Revenue | 41,887,332 | 71,052,175 | -41.05 |
| Gross Profit (Loss) | 444,046 | 16,883,050 | -97.37 |
| Operational Profit (Loss) | -54,912,715 | -2,261,663 | 2,327.98 |
| Net Profit (Loss) after Zakat and Tax | -56,735,008 | -4,490,793 | 1,163.36 |
| Total Comprehensive Income | -56,735,008 | -4,490,793 | 1,163.36 |
| Total Share Holders Equity (after Deducting Minority Equity) | 48,067,727 | 110,922,467 | -56.66 |
| Profit (Loss) per Share | -5.67 | -0.45 | |
| All figures are in (Actual) Saudi Arabia, Riyals |
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for increase in net loss during the current year compared to the last year is: |
1. Decrease in sales.
2. Provision for expected credit losses.
3. Exclusion losses of projects in progress. Statement of the type of external auditor's report Disclaimer of opinion Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion External auditor's opinion and basis of Disclaimer of conclusion (Attached) Reclassification of Comparison Items Certain reclassification were made in comparative numbers to conform to the current period. Attached Documents 
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