Abdullah Saad Mohammed Abo Moati for Bookstores Co. announces its Interim Financial results for the Period Ending on 2023-12-31 ( Nine Months )
- Date: 05-Feb-2024
- Source: Mubasher
- Sector:Financial Markets
- Country:Saudi Arabia
Abdullah Saad Mohammed Abo Moati for Bookstores Co. announces its Interim Financial results for the Period Ending on 2023-12-31 ( Nine Months )
|Element List||Current Quarter||Similar quarter for previous year||%Change||Previous Quarter||% Change|
|Sales/Revenue||75.06||86.29||-13.014||89.06||-15.719|
|Gross Profit (Loss)||22.22||20.09||10.602||26.26||-15.384|
|Operational Profit (Loss)||10.21||9.13||11.829||14.1||-27.588|
|Net profit (Loss)||8.54||8.01||6.616||13.05||-34.559|
|Total Comprehensive Income||9||7.3||23.287||12.19||-26.168|
|All figures are in (Millions) Saudi Arabia, Riyals|
|Element List||Current Period||Similar period for previous year||%Change|
|Sales/Revenue||214||251||-14.741|
|Gross Profit (Loss)||62.19||63.6||-2.216|
|Operational Profit (Loss)||27.68||29.24||-5.335|
|Net profit (Loss)||24.29||25.14||-3.381|
|Total Comprehensive Income||23.98||23.15||3.585|
|Total Share Holders Equity (After Deducting the Minority Equity)||236.8||250.85||-5.6|
|Profit (Loss) per Share||1.21||1.25|
|All figures are in (Millions) Saudi Arabia, Riyals|
|Element List||Percentage of the capital (%)||Amount|
|Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value||-||-|
|All figures are in (Millions) 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 decreased in the current quarter compared to the same quarter last year by 13.01%, mainly due to a decrease in ink sector sales caused by the cancellation of the HP brand distribution agreement.|
|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 increased in the current quarter compared to the same quarter of the previous year by 6.62%. This is due to
|
1- increase in rent income in the current quarter.
2- Gross profit increased by 10.60% in the current quarter due to a