Astra Industrial Group announces its Annual Financial results for the period ending on 2023-12-31

Astra Industrial Group announces its Annual Financial results for the period ending on 2023-12-31

|Element List||Current Year||Previous Year||%Change|

|Sales/Revenue||2,858,502,528||2,594,148,494||10.19|

|Gross Profit (Loss)||1,186,809,514||1,040,052,426||14.11|

|Operational Profit (Loss)||531,267,677||395,640,908||34.28|

|Net profit (Loss)||475,326,552||474,316,220||0.21|

|Total Comprehensive Income||478,516,024||517,745,586||-7.58|

|Total Share Holders Equity (After Deducting the Minority Equity)||2,127,902,612||1,849,386,588||15.06|

|Profit (Loss) per Share||5.94||5.93|

|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 year compared to the last year|| Sales increases in general due to:

|

Increase in Sales in the following sectors:

a) Pharmaceuticals

b) Steel industries

c) Other

|The reason of the increase (decrease) in the net profit during the current year compared to the last year is|| Net profit Increases in general due to:

|

1. Increase in Sales and Gross Profit in the following sectors:

a) Pharmaceuticals

b) Steel Industries

2. Decrease in net financing cost in the other sector.

3. Decrease in general and administrative expenses in the following sectors:

a) Other

b) Specialty chemical

While noting that similar period during last year included gain from discontinued operation.

|Statement of the type of external auditor's report||Unmodified opinion|

|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)||NA|

|Reclassification of Comparison Items||NA|

|Additional Information|| 1. Net Shareholders’ Equity at