Saudi Advanced Industries Company (Advanced) announces the estimated financial results for the Period Ending on 2024-03-31 ( Three Months )

Saudi Advanced Industries Company (Advanced) announces the estimated financial results for the Period Ending on 2024-03-31 ( Three Months )

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

|Sales/Revenue||122.98||25.35||385.128||53.64||129.269|

|Gross Profit (Loss)||122.98||25.35||385.128||53.64||129.269|

|Operational Profit (Loss)||113.45||22.57||402.658||46.61||143.402|

|Net profit (Loss)||108.72||22.07||392.614||36.09||201.246|

|Total Comprehensive Income||108.4||23.4||363.247||34.91||210.512|

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

|Element List||Current Period||Similar period for previous year||%Change|

|Total Share Holders Equity (After Deducting the Minority Equity)||1,103.8||924.58||19.383|

|Profit (Loss) per Share||1.84||0.37|

|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||The reason for the increase in revenue during the current quarter compared to the same quarter of the previous year is mainly due to the increase in profit from financial assets at fair value through profit or loss, in spite of a decrease in the company share of associate companies' profits.|

|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 reason for the increase in net profit during the current quarter compared to the same quarter of the previous year is mainly due to the increase in profit from financial assets at fair