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

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Element List	Current Quarter	Similar Quarter For Previous Year	%Change	Previous Quarter	% Change
Sales/Revenue	213,878,956	211,238,489	1.25	209,913,559	1.89
Gross Profit (Loss)	37,130,427	36,428,404	1.93	24,603,726	50.91
Operational Profit (Loss)	15,067,392	16,315,626	-7.65	13,422,299	12.26
Net Profit (Loss) after Zakat and Tax	9,237,980	7,936,775	16.39	6,112,278	51.14
Total Comprehensive Income	39,521,326	26,459,722	49.36	-43,145,118	–
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar Period For Previous Year	%Change
Sales/Revenue	655,030,521	610,507,705	7.29
Gross Profit (Loss)	84,076,165	82,763,896	1.58
Operational Profit (Loss)	31,296,091	27,719,127	12.9
Net Profit (Loss) after Zakat and Tax	10,258,435	331,524	2,994.33
Total Comprehensive Income	-5,380,899	77,447,188	–
Total Share Holders Equity (after Deducting Minority Equity)	806,380,761	661,824,727	21.84
Profit (Loss) per Share	0.16	0.01
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
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 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 is	The 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 is	The 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 report	Unmodified conclusion
Reclassification of Comparison Items	Some comparative figures have been reclassified where necessary for better presentation
Additional Information	Basic 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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