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Alkhaleej Training and Education Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )

Alkhaleej Training and Education Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )

Element ListCurrent QuarterSimilar Quarter For Previous Year%ChangePrevious Quarter% Change
Sales/Revenue213,878,956211,238,4891.25209,913,5591.89
Gross Profit (Loss)37,130,42736,428,4041.9324,603,72650.91
Operational Profit (Loss)15,067,39216,315,626-7.6513,422,29912.26
Net Profit (Loss) after Zakat and Tax9,237,9807,936,77516.396,112,27851.14
Total Comprehensive Income39,521,32626,459,72249.36-43,145,118
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar Period For Previous Year%Change
Sales/Revenue655,030,521610,507,7057.29
Gross Profit (Loss)84,076,16582,763,8961.58
Operational Profit (Loss)31,296,09127,719,12712.9
Net Profit (Loss) after Zakat and Tax10,258,435331,5242,994.33
Total Comprehensive Income-5,380,89977,447,188
Total Share Holders Equity (after Deducting Minority Equity)806,380,761661,824,72721.84
Profit (Loss) per Share0.160.01
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year isThe reason for the increase in net profit during the current quarter compared to the same quarter of the last year, is due to the improvement in operating and financing activities in University & Schools sectors of the company, with addition to the positive impact of the new schools which were acquired during this quarter.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year isThe reason for the increase in net profit during the current quarter compared to the previous quarter of the current year, is due to the improvement in operating and financing activities in University & Schools sectors of the company, with addition to the positive impact of the new schools which were acquired during this quarter.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year isThe reason for the increase in net profit during the current period compared to the same period of the last year, is due to the improvement in operating and financing activities in University & Schools sectors of the company, with addition to the positive impact of the new schools which were acquired during the current period.
Statement of the type of external auditor’s reportUnmodified conclusion
Reclassification of Comparison ItemsSome comparative figures have been reclassified where necessary for better presentation
Additional InformationBasic and diluted earnings share is calculated by dividing the profit for the period attributable to the shareholders of the Parent company by the weighted average number of ordinary shares during the period:

 

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