Marble Design Factory Company announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
- Date: 20-Aug-2023
- Source: Mubasher
- Sector:Industrial
- Country:Saudi Arabia
Marble Design Factory Company announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
|Element List||Current Period||Similar period for previous year||%Change|
|Sales/Revenue||26,793,279||25,274,210||6.01|
|Gross Profit (Loss)||11,211,221||10,771,946||4.08|
|Operational Profit (Loss)||10,123,878||10,566,282||-4.19|
|Net Profit (Loss) after Zakat and Tax||10,640,221||9,802,911||8.54|
|Total Comprehensive Income||10,640,221||9,802,911||8.54|
|Total Share Holders Equity (after Deducting Minority Equity)||97,706,074||95,246,743||2.58|
|Profit (Loss) per Share||1.77||1.63|
|All figures are in (Actual) Saudi Arabia, Riyals|
|Element List||Explanation|
|Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to|| Increased revenues from main operating activities to reach 26,793,279 SAR compared to 25,274,210 SAR for the same period of the previous year, with a growth rate of 6.01%
|
Other revenues increased by 881,679 SAR by 428.69% compared to the same period of the previous year due to: Selling two lands located in Al-Aziziyah district in Riyadh.
The reason for the decrease in operating profit by 442,404 SAR by 4.186% is due to the increase in general and marketing expenses by 1,803,820 SAR by 31.43% compared to the same period of the previous year, mainly due to: Increasing additional expenses resulting from listing the company in the parallel market (Nomu).
|Statement of the type of external auditor's report||Unmodified conclusion|
|Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion||None|
|Reclassification of Comparison Items||None|
|Additional Information||There are no minority equity in financial statements.|