Aljouf Mineral Water Bottling Co. announces its Annual Financial results for the period ending on 2024-12-31

27 March 2025 03:32 PM

ALJOUF WATER 9532 -13.50% 1.41 -0.22

Element List	Current Year	Previous Year	%Change
Sales/Revenue	67,387,235	76,873,031	-12.34
Gross Profit (Loss)	31,224,775	39,006,820	-19.95
Operational Profit (Loss)	4,643,512	5,784,445	-19.72
Net profit (Loss)	2,873,680	4,104,626	-29.99
Total Comprehensive Income	2,699,189	4,034,392	-33.09
Total Shareholders Equity (after Deducting Minority Equity)	89,892,718	87,193,529	3.1
Profit (Loss) per Share	0.61	0.88
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	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year	The reason for the decrease in revenues in the current year compared to the previous year by 12.34% is due to the decrease in the average selling price of products as a result of changing the company’s strategy to rely on wholesale sales and reduce retail sales to achieve better distribution and presence of the product in the markets.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The reason for the decrease in net profit in the current year compared to the previous year by 29.99% is due to a decrease in revenues by 12.34% and a decrease in the profit margin for products as a result of changing the company’s strategy to rely on wholesale sales and reduce retail sales to achieve better distribution and presence of the product in the markets.
Statement of the type of external auditor's report	Unmodified 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)	NA
Reclassification of Comparison Items	Some comparative figures have been reclassified to conform to the current presentation.
Additional Information	-
Attached Documents