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Alkhaleej Training and Education Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

Alkhaleej Training and Education Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

Element ListCurrent QuarterSimilar Quarter For Previous Year%ChangePrevious Quarter% Change
Sales/Revenue273,939,540220,396,49224.29212,556,01428.88
Gross Profit (Loss)67,775,87841,436,07163.5739,214,51372.83
Operational Profit (Loss)42,537,73530,757,37938.324,252,90775.39
Net Profit (Loss) after Zakat and Tax14,973,71313,796,0218.542,390,460526.39
Total Comprehensive Income-21,902,09940,378,3044,252,767
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar Period For Previous Year%Change
Sales/Revenue693,279,642644,314,5417.6
Gross Profit (Loss)147,149,28899,696,90347.6
Operational Profit (Loss)96,184,76647,701,476101.64
Net Profit (Loss) after Zakat and Tax24,994,593-6,606,726
Total Comprehensive Income-13,875,704-25,947,123-46.52
Total Share Holders Equity (after Deducting Minority Equity)650,107,033711,701,068-8.65
Profit (Loss) per Share0.38-0.1
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 of the increase in the net profit during the current quarter compared to the same quarter of the last year is due to the improvement in the results of the training , Schools and call center sectors.
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 of the increase in the net profit during the current quarter compared to the previous quarter of the current year is due to the improvement in results of the training, Schools and call center Sectors
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year isThe company achieved profits during the current period of the year compared to the losses incurred during the same period of last year, is due to the significant improvement in all sectors of the company.
Statement of the type of external auditor’s reportUnmodified conclusion
Reclassification of Comparison ItemsSome comparative figures have been reclassified where necessary for a better presentation.
Additional InformationBasic and diluted earnings share is calculated by dividing the profit for the period attributable to equity holders of the parent company by the weighted average number of ordinary shares during the period

 

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