Saudi Marketing Company ( Farm Superstores ) announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )
- Date: 16-May-2024
- Source: Mubasher
- Sector:Agriculture
- Country:Saudi Arabia
Saudi Marketing Company ( Farm Superstores ) announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )
|Element List||Current Quarter||Similar quarter for previous year||%Change||Previous Quarter||% Change|
|Sales/Revenue||476,865||479,936||-0.639||454,990||4.807|
|Gross Profit (Loss)||140,619||136,887||2.726||137,513||2.258|
|Operational Profit (Loss)||24,244||24,269||-0.103||18,426||31.574|
|Net profit (Loss)||6,850||7,446||-8.004||3,072||122.981|
|Total Comprehensive Income||7,007||7,480||-6.323||5,409||29.543|
|All figures are in (Thousands) Saudi Arabia, Riyals|
|Element List||Current Period||Similar period for previous year||%Change|
|Total Share Holders Equity (After Deducting the Minority Equity)||667,589||666,399||0.178|
|Profit (Loss) per Share||0.15||0.17|
|All figures are in (Thousands) Saudi Arabia, Riyals|
|Element List||Percentage of the capital (%)||Amount|
|Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value||-||-|
|Accumulated Losses||-||-|
|All figures are in (Thousands) 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||- Decrease in the revenues of the current quarter compared to the same quarter of the previous year by SR 3.1 million, a decrease of 0.64% due to decrease in the revenue of Farm Superstores branches for the current quarter compared to the same quarter of the previous year.|
|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 decrease in the net profit during the current quarter compared to the same quarter of the previous year is as follows:
|
- Increase in total operating expenses for the current quarter compared