| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 3,062,261,277 | 2,819,586,562 | 8.61 | ||
| Gross Profit (Loss) | 1,342,292,117 | 1,182,305,880 | 13.53 | ||
| Operational Profit (Loss) | 658,476,355 | 533,276,660 | 23.48 | ||
| Net profit (Loss) | 589,340,930 | 475,326,552 | 23.99 | ||
| Total Comprehensive Income | 595,903,466 | 478,516,024 | 24.53 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 2,523,806,078 | 2,127,902,612 | 18.61 | ||
| Profit (Loss) per Share | 7.37 | 5.94 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | – | – | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | Sales increase in general due to:
Increase in Sales in the following sectors: a) Pharmaceuticals b) Steel industries |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit Increases in general due to:
1. Increase in Gross Profit in all sectors. 2. Gain from discontinued operation. 3. Increase in other income in other sector. |
| Statement of the type of external auditor’s report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N\A |
| Reclassification of Comparison Items | Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period. |
| Additional Information | 1. Net Shareholders’ Equity at the end of the period was SR 2,530,968,707/- compared to SR 2,131,107,759/- at the end of the similar period last year with an increase of 19%.
2. On 21 February 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company (the “purchaser”) for exiting its entire investment in Astra Mining for a transaction price of SR 35 million for 100% equity stake and also the purchaser will settle the amounts due to the Company by Astra Mining of SR 129.6 million. The deal was subject to completion of certain conditions by the buyer. These conditions were fulfilled on 19 May 2024. Accordingly, the control was transferred to the buyer on that date and the Company has recognized its share of gain amounting to SAR 37.8M (representing 77.3% of consolidated gain on disposal amounting to SAR 48.9M). (For details, please refer to Consolidated Interim Financial Statements) |
