| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 819,094,894 | 659,588,069 | 24.182 | 833,038,252 | -1.673 |
| Gross Profit (Loss) | 338,828,302 | 277,695,292 | 22.014 | 349,096,559 | -2.941 |
| Operational Profit (Loss) | 163,267,094 | 125,254,718 | 30.348 | 169,005,705 | -3.395 |
| Net profit (Loss) | 168,747,319 | 114,744,049 | 47.064 | 149,741,384 | 12.692 |
| Total Comprehensive Income | 163,358,176 | 103,628,214 | 57.638 | 154,238,486 | 5.912 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,652,133,146 | 1,399,665,411 | 18.037 |
| Gross Profit (Loss) | 687,924,861 | 589,405,562 | 16.715 |
| Operational Profit (Loss) | 332,272,799 | 265,807,504 | 25.005 |
| Net profit (Loss) | 318,488,703 | 237,628,616 | 34.027 |
| Total Comprehensive Income | 317,596,662 | 233,964,004 | 35.745 |
| Total Shareholders Equity (after Deducting Minority Equity) | 2,245,499,274 | 1,883,350,592 | 19.228 |
| Profit (Loss) per Share | 3.98 | 2.97 | |
| 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 quarter compared to the same quarter of the last year is | Sales increases in general due to:
Increase in Sales in the following sectors: a) Steel industries. b) Pharmaceuticals. c) Specialty chemical. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit Increases in general due to:
1. Gain from discontinued operation. 2. Increase in Sales and Gross Profit in the following sectors: a) Steel Industries. b) Pharmaceuticals. While noting that there is an increase in zakat and income tax expenses in all sectors. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Sales decreases in general due to:
Decrease in Sales in the following sectors: a) Pharmaceuticals. b) Specialty chemical. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit Increases in general due to:
Gain from discontinued operation. While noting that there is an increase in zakat and income tax expenses in all sectors. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Sales increases in general due to:
Increase in Sales in the following sectors: a) Steel industries. b) Pharmaceuticals. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit Increases in general due to:
1. Increase in Gross Profit in the following sectors: a) Steel Industries. b) Pharmaceuticals. 2. Gain from discontinued operation. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| 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 2,252,334,319/- compared to SR 1,945,839,399/- at the end of the similar period last year with an increase of 16%.
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) |
