1212

ASTRA INDUSTRIAL

-0.25 %

1445/08/18     28/02/2024 07:46:50

Element ListCurrent YearPrevious Year%Change
Sales/Revenue2,858,502,5282,594,148,49410.19
Gross Profit (Loss)1,186,809,5141,040,052,42614.11
Operational Profit (Loss)531,267,677395,640,90834.28
Net profit (Loss)475,326,552474,316,2200.21
Total Comprehensive Income478,516,024517,745,586-7.58
Total Share Holders Equity (After Deducting the Minority Equity)2,127,902,6121,849,386,58815.06
Profit (Loss) per Share5.945.93
All figures are in (Actual) Saudi Arabia, Riyals
Element ListAmountPercentage Of The Capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last yearSales increases in general due to:Increase in Sales in the following sectors:a) Pharmaceuticalsb) Steel industriesc) Other
The reason of the increase (decrease) in the net profit during the current year compared to the last year isNet profit Increases in general due to:1. Increase in Sales and Gross Profit in the following sectors:a) Pharmaceuticalsb) Steel Industries2. Decrease in net financing cost in the other sector.3. Decrease in general and administrative expenses in the following sectors:a) Otherb) Specialty chemicalWhile noting that similar period during last year included gain from discontinued operation.
Statement of the type of external auditor’s reportUnmodified 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)N\A
Reclassification of Comparison ItemsN\A
Additional Information1. Net Shareholders’ Equity at the end of the period was SR 2,131,107,759/- compared to SR 1,913,185,390/- at the end of the similar period last year with an increase of 11%.2. On February 21, 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company for exiting its entire investment in Astra Mining for a transaction price SAR 35 million for 100% of the company and settlement of company’s total commercial debt of SAR 129.6M. The process is underway to complete the transaction before the end of second quarter.

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