Saudi Marketing Company ( Farm Superstores ) announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

Saudi Marketing Company ( Farm Superstores ) announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

|Element List||Current Quarter||Similar quarter for previous year||%Change||Previous Quarter||% Change|

|Sales/Revenue||479,936||438,793||9.38||477,004||0.61|

|Gross Profit (Loss)||136,887||121,362||12.79||137,772||-0.64|

|Operational Profit (Loss)||24,269||17,426||39.27||25,871||-6.19|

|Net Profit (Loss) after Zakat and Tax||7,446||6,173||20.62||6,751||10.29|

|Total Comprehensive Income||7,480||6,184||20.96||8,026||-6.8|

|All figures are in (Thousands) Saudi Arabia, Riyals|

|Element List||Current Period||Similar period for previous year||%Change|

|Total Share Holders Equity (after Deducting Minority Equity)||666,399||641,139||3.94|

|Profit (Loss) per Share||0.17||0.14|

|All figures are in (Thousands) Saudi Arabia, Riyals|

|Element List||Explanation|

|The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is|| The reason of increase in the net profit during the current quarter compared to the same quarter of the previous year is as follows:

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- Increase in the revenues of the current quarter compared to the same quarter of the previous year by SR 41.1 million due to the increase in the retail revenue of farm superstores in the current quarter compared to the same quarter of the previous year, in addition to the increase in the revenue of the entertainment segment for the current quarter compared to the same quarter of the previous year. Knowing that operating expenses for the current quarter compared to the same quarter of the previous year, have been increased by SR 8.4 million and decrease in rental income for the