Miahona Co. announces its Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 88.48 | 76 | 16.421 | 70.24 | 25.968 |
| Gross Profit (Loss) | 24.57 | 28.96 | -15.158 | 19.13 | 28.437 |
| Operational Profit (Loss) | 19.76 | 21.63 | -8.645 | 9.04 | 118.584 |
| Net profit (Loss) | 14.37 | 18.91 | -24.008 | 8.1 | 77.407 |
| Total Comprehensive Income | -8.58 | 18.69 | - | 13.3 | - |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 248.08 | 225.62 | 9.954 |
| Gross Profit (Loss) | 80.13 | 79.6 | 0.665 |
| Operational Profit (Loss) | 51.91 | 52.22 | -0.593 |
| Net profit (Loss) | 42.45 | 44 | -3.522 |
| Total Comprehensive Income | 23.74 | 43.98 | -46.02 |
| Total Shareholders Equity (after Deducting Minority Equity) | 423.31 | 392.85 | 7.753 |
| Profit (Loss) per Share | 0.26 | 0.27 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| 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 increase in the consolidated revenue during the current quarter compared to the same quarter of last year is mainly due to:
(1) Higher development/construction revenue. (2) Higher revenue from Water and Waste water services Organic growth in the existing projects. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Decrease in net profit during the current quarter compared to the same quarter of the last year is mainly due to:
(1) Higher amortization of capital expenditure made in expansion of capacity. (2) Higher General and administrative expenses. Which is partially offset by higher Other income |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Increase in the consolidated revenue during the current quarter compared to the previous quarter is mainly due to:
(1) Higher construction revenue . (2) Higher revenue from Water and Waste water services Organic growth in the existing projects. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Increase in net profit during the current quarter compared to the previous quarter is mainly due to:
(1) Higher gross profit on account of higher revenue (2) Higher Other income. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Increase in the consolidated revenue during the current period compared to the previous period is mainly due to:
(1) Higher construction revenue. (2) Higher revenue from Water and Waste water services Organic growth in the existing projects. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Increase in net profit during the current period compared to the previous period is mainly due to:
(1) Higher gross profit on account of higher revenue (2) Higher Other income. which are partially offset by higher general and adminstrative expenses. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| 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 Items | N/A |
| Additional Information | N/A |
| Attached Documents |  |
Comments