Astra Industrial Group announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )
Astra Industrial Group announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )
posted by:Astra Admin
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ELEMENT LIST
CURRENT QUARTER
SIMILAR QUARTER FOR PREVIOUS YEAR
%CHANGE
PREVIOUS QUARTER
% CHANGE
Sales/Revenue
599,285,124
509,509,672
17.619
663,020,883
-9.612
Gross Profit (Loss)
249,390,235
207,166,404
20.381
250,319,375
-0.371
Operational Profit (Loss)
107,426,446
63,047,481
70.389
76,562,987
40.311
Net Profit (Loss) after Zakat and Tax
50,605,768
34,093,603
48.431
37,923,095
33.443
Total Comprehensive Income
38,024,819
23,640,777
60.844
47,116,591
-19.296
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LIST
CURRENT PERIOD
SIMILAR PERIOD FOR PREVIOUS YEAR
%CHANGE
Total Share Holders Equity (after Deducting Minority Equity)
1,363,871,382
1,238,922,186
10.085
Profit (Loss) per Share
0.63
0.43
All figures are in (Actual) 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
Net profit increases in general due to:1. Increase in sales in the following sectors:a. Specialty chemical sectorb. Power and steel sector2. Decrease in Selling and Distribution expenses in the following sectors:a. Pharmaceuticals sectorb. Power and steel sectorWhile noting that there is increase in other expenses and provision for impairment of financial assets expense.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is
Net profit increases in general due to:1. Decrease in Selling and Distribution expenses in Pharmaceuticals sector2. Decrease in provision for impairment for financial assets expense in the following sectors:a. Pharmaceuticals sectorb. Power and steel sector3. Decrease in Zakat and Income tax expenses in Pharmaceuticals sectorWhile noting that there is increase in other expenses.
Statement of the type of external auditor’s report
Unmodified conclusion
Reclassification of Comparison Items
No comparative figures for the previous period have been reclassified
Additional Information
1. Net Shareholders’ Equity at the end of the period was SR1,421,009,316 /- compared to SR1,223,695,759/- at the end of the similar period last year with an increase of 16%.
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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