Aldrees Petroleum and Transport Services Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )
1444/10/12 02/05/2023 09:02:00
| Element List | Current Quarter | Similar Quarter For Previous Year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 3,418.6 | 2,780.1 | 22.97 | 3,332.2 | 2.59 |
| Gross Profit (Loss) | 163.3 | 136.2 | 19.9 | 171.5 | -4.78 |
| Operational Profit (Loss) | 106.5 | 84.2 | 26.48 | 107.3 | -0.74 |
| Net Profit (Loss) after Zakat and Tax | 70.5 | 62.4 | 12.98 | 71.8 | -1.81 |
| Total Comprehensive Income | 70.5 | 62.4 | 12.98 | 56.6 | 24.56 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar Period For Previous Year | %Change |
|---|---|---|---|
| Total Share Holders Equity (after Deducting Minority Equity) | 1,179.9 | 945.1 | 24.84 |
| Profit (Loss) per Share | 0.94 | 0.83 | |
| All figures are in (Millions) 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 reason for the increase of net profit for the current quarter compared with the same quarter last year is due to the increase of Petrol and Transport Divisions sales, and increase of Other Income and the income from Sukuk investment listed as amortized cost, and decrease of Marketing expense, although there is a decrease of unrealized profits from the revaluation of investment at fair value through profit and loss ,and the decrease of profit of the joint venture and the increase of General, Administrative, Financial and Zakat expenses. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is | The reason for the decrease of net profit for the current quarter compared with the previous quarter is due to the decrease of Transport Divisions sales, and the decrease of unrealized profits from the revaluation of investment at fair value through profit and loss, and the decrease of profit of the joint venture and the increase of Financial expense, although there is an increase of Petrol Divisions sales , and increase of Other Income and Sukuk investment listed as amortized cost, and a decrease of Marketing, General, Administrative and Zakat Expenses.
Total comprehensive income increased during the current quarter compared to the previous quarter of the previous year because of not recording the losses of employees' defined benefits obligations. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Some comparative figures for the previous year have been reclassified in line with the current year's classification. |
