Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to | The decrease in net profit during the current quarter compared with the same quarter of last year is attributable to lower average selling prices and decrease in other income. |
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | The decrease in net profit during the current quarter compared with previous quarter is attributable to higher in sales and distribution expenses due higher in sales, decrease in other income, Increase in zakat expenses. Noting that there was a decrease in financing cost. |
Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to | The decrease in net profit during the current period compared with the similar period of last year is attributable to lower average selling prices. Noting that there was a decrease in sales and distribution expenses, general and administrative expenses, financing costs, zakat expenses, at the same time, an increase in other income during the current period. |
Basis of the External Auditor’s Opinion | Unmodified opinion |
Reclassification of Comparison Items | 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. |