| Element List | Current Quarter | Similar Quarter For Previous Year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 208,943,196 | 219,412,501 | -4.77 | 225,867,318 | -7.49 |
| Gross Profit (Loss) | 41,892,749 | 26,212,060 | 59.82 | 73,109,348 | -42.7 |
| Operational Profit (Loss) | 16,170,722 | -4,113,592 | – | 7,296,997 | 121.61 |
| Net Profit (Loss) after Zakat and Tax | 1,456,512 | -12,011,815 | – | -13,095,415 | – |
| Total Comprehensive Income | -1,641,996 | -8,677,099 | -81.08 | -34,868,107 | -95.29 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar Period For Previous Year | %Change |
|---|---|---|---|
| Total Share Holders Equity (after Deducting Minority Equity) | 694,979,790 | 813,705,615 | -14.59 |
| Profit (Loss) per Share | 0.02 | -0.18 | |
| 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 company achieved profits
during the current quarter compared to the losses achieved in the similar quarter of the previous year. This is due to the company’s success in reducing the cost of revenues in the current quarter compared to the same quarter of the previous year by 15% and also reducing the cost of selling and distribution by 20% compared to the same quarter of the year the previous. In addition to the positive impact of the acquired schools |
| 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 company achieved profits
during the current quarter compared to the losses achieved during the previous quarter, which was due to the re-measurement of some of the international report standards in the previous quarter. In the current year, the company was able to reduce the cost of sales as well as selling and marketing expenses in most of the company’s sectors, which had a positive impact to profitability |
| 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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