Astra Industrial Group announces its Annual Financial results for the period ending on 2023-12-31
- Date: 28-Feb-2024
- Source: Mubasher
- Sector:Industrial
- Country:Saudi Arabia
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