Saudi Cable Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 (Three Months)

Saudi Cable Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 (Three Months)

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

|Sales/Revenue||35,357||63,855||-44.629||31,848||11.017|

|Gross Profit (Loss)||-26,737||-17,257||54.934||-14,179||88.567|

|Operational Profit (Loss)||-42,071||-36,832||14.224||-32,644||28.878|

|Net Profit (Loss) after Zakat and Tax||-37,155||-35,882||3.547||-92,682||-59.911|

|Total Comprehensive Income||-18,531||-36,867||-49.735||-92,581||-79.984|

|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)||62,575||249,271||-74.896|

|Profit (Loss) per Share||-1.17||-1|

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

|Accumulated Losses||Capital||Percentage %|

|-195,582||262,311||-74.56|

|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 Group made a net loss of SR 37.2 million in current quarter as compared to the net loss of SR 35.9 million in the same quarter of the previous year and the change in net losses of the current quarter compared with net loss of the same quarter of the previous year are mainly due to following impacts:

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• Lower volumes in current quarter as compared to same quarter of previous year.

• Decreased expenses in current quarter as compared to same quarter of the previous year.

• Decreased share of profit from associates in current quarter as compared to same quarter of the previous year.

• Increased other income in current quarter as compared to same quarter of