Alkhaleej Training and Education Company announces the interim financial results for the period ending on 30-06-2015 (Six Months)
| ELEMENT | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CHANGE CURRENT | PREVIOUS QUARTER | % CHANGE PREVIOUS |
|---|
| Net profit (loss) | 16,744,147 | 21,513,387 | -22.17 | 15,638,137 | 7.07 |
| Gross profit (loss) | 40,826,432 | 44,578,871 | -8.42 | 42,513,253 | -3.97 |
| Operational profit (loss) | 20,245,854 | 23,300,738 | -13.11 | 18,811,169 | 7.63 |
| All figures are in Saudi Arabia, Riyals |
| ELEMENT | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | % CHANGE |
|---|
| Net profit (loss) | 32,382,284 | 37,118,218 | -12.76 |
| Gross profit (loss) | 83,339,685 | 84,094,998 | -0.9 |
| Operational profit (loss) | 39,057,023 | 40,108,956 | -2.62 |
| Earning or loss per share, Riyals | 0.81 | 0.93 | – |
| All figures are in Saudi Arabia, Riyals |
| ELEMENT | EXPLAINATION |
|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | decrease computer sales and English language because of the month of Ramadan in the second quarter of 2015, as well as high social security costs resulting from the modification-Saudi employees’ salaries as well as rise the financial burden during the second quarter. |
| Reasons of increase (decrease) for period compared with same period last year | decline in computer sales and English language because of the holy month of Ramadan in the second quarter of 2015, as well as high social security costs resulting from the modification-Saudi employees’ salaries in addition to the high financial burden during the period. |
| Reasons of increase (decrease) for quarter compared with previous quarter | improve the performance of subsidiaries and call centers during the second quarter of 2015. |
| Other notes | Earnings per share for the comparable period of 2014 has been adjusted retrospectively so as to show the impact of free shares. which is approved in 21/4/2015(40 million share) because of increase capital from 350million to 400 million |
The Capital Market Authority and the Saudi Stock 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.
