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 main reason for the increase in sales by 3.18%, is due to the increase in the quantity and value of sales in the electricity sector by 23.32% and 21.50% respectively, and in the construction sector by 26.47% and 11.51% respectively. |
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is |
The main reason for the decrease in net profit by 28.14% is due to the decrease in the selling price of products in the construction sector by 11.83%, resulting from the intense competition and reduced demand for the products. This was in addition to the increase in the cost of sales in this sector by 0.41%. |
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
The main reason for the increase in sales by 5.84%, is due to the increase in the quantity and value of sales in the renewable energy sector by 140.57% and 100.24%, respectively, and in the electricity sector by 13.41% and 11.60%, respectively. |
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is |
The main reason for the increase in net profit by 377.96%, is due to the increase in the quantity and value of sales in the electricity and renewable energy sectors mentioned in the previous item, the decrease in the cost of sales in the renewable energy, electricity and construction sectors by 18.81%, 3.67% and 1.82% respectively, and the reverse of Zakat provision for the years ended September 30, 2008, 2009 and 2010 which no longer served its purpose in the amount of SAR 7.27 million. |
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 main reason for the decrease in sales by 11.57%, is due to a decrease in the quantity and value of sales in the renewable energy sector by 25.08% and 54.42%, respectively. |
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 main reason for the decrease in net profit by 55.83%, is due to the decrease in the selling price of products in the construction sector by 8.71% due to the intense competition and the reduced demand for the products. This was in addition to the increase in the cost of sales in this sector by 3.56%. |
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) |
No. |
Reclassification of Comparison Items |
Certain comparative figures have been reclassified to conform to the presentation for the current period. |
Additional Information |
No. |
Comments