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AME Company for Medical Supplies announces its Interim Financial results for the period ending on 2024-06-30 ( Six Months )

AME 9527 3.26% 133.00 4.20
Element List Current Period Similar period for previous year %Change
Sales/Revenue 133,818,857 120,336,920 11.203
Net profit (Loss) 26,592,923 22,196,606 19.806
Total Shareholders Equity (after Deducting Minority Equity) 139,762,339 115,556,620 20.947
Profit (Loss) per Share 3.8 3.17
All figures are in (Actual) Saudi Arabia, Riyals


Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
Accumulated Losses - -
All figures are in (Actual) Saudi Arabia, Riyals


Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The reason for the increase in sales during this period of this year compared to the same period of the previous year is the increase in sales of medical supplies and devices by 13.48 million riyals. This increase resulted from the company's acquisition of a larger market share, which reflects strong growth in sales driven by increased market demand and effective sales strategies by acquiring new customers and introducing new products to the same existing customers.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The reason for the increase in net profit during this period of this year compared to the same period of the previous year is the increase in sales of medical supplies and devices by 13.48 million riyals. This increase resulted from the company's acquisition of a larger market share, which reflects strong growth in sales driven by increased market demand and effective sales strategies by acquiring new customers and introducing new products to the same existing customers. And make more efforts to advertise and market the products and appoint new employees in the sales and marketing departments for greater coverage and faster response to customers.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items There is no reclassification of comparative figures
Additional Information unavailable

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