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Addendum announcement from Al-Khaleej Training and Education Company regarding the annual financial results for the fiscal year ending on 12/31/2022

Addendum announcement from Al-Khaleej Training and Education Company regarding the annual financial results for the fiscal year ending on 12/31/2022

Element ListExplanation
IntroductionWith reference to the company’s corrective announcement announced on 15/05/2023 regarding the company’s annual financial results for the fiscal year ending on 31/12/2022, we would like to clarify the percentages of change that occurred for all items mentioned in the corrective announcement.
Date of Posting the Previous Announcement of Development on Tadawul’s Website2023-05-15 Corresponding to 1444-10-25
Hyperlink to the Previous AnnouncementClick Here
Change on the DevelopmentThe company would like to draw the attention of the honorable shareholders to the addition of some financial ratios that were not mentioned in the corrective announcement published on 15/05/2023 according to the following:

 

1. Total income for the past year 842,797,187 and total income for the current year 880,897,839, an increase of 4.52%

 

2. Gross profit for the past year 146,894,541 and gross profit for the current year 157,185,513, an increase of 7%

 

3. Net loss after zakat and tax for the past year -35,847,636 and net loss after zakat and tax for the current year -2,836,980, a decrease of 92.09%

 

4. Total comprehensive income for the past year -29,178,720 and total comprehensive income for the current year -40,249,006 with an increase of 37.94%

 

5. Total shareholder equity (excluding minority interest) for the past year 736,870,791 and total shareholder equity (excluding minority interest) for the current year 696,621,785, a decrease of 5.46%

 

6. Loss per share for the past year -0.74, and loss per share for the current year -0.04, with a decrease of 94.59%

Financial Impact on the changeNot Applicable
Additional InformationNot Applicable

 

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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