Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year |
The decrease in net profit during the current quarter compared with the same quarter of last year is attributable to:- A decrease in sales value due the decrease in company products prices.- Noting that there was a decrease in selling and distribution expenses, finance cost and zakat expenses during the current quarter. |
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter |
The decrease in net profit during the current quarter compared with previous quarter is attributable to:- A decrease in sales value due the decrease in company products prices.- Increase in zakat expenses.- Noting that there was a decrease in selling and distribution expenses and general and administrative expenses. |
Type of the external auditor’s opinion |
Unmodified opinion |
Reclassifications in quarter financial result |
Certain figures of the prior year have been re-classified to conform to the current period presentation. |
Additional Information |
From January 1, 2019, the Company has adopted IFRS 16 with no material impact on its interim financial statements. |