Investor Relationship

In line with the Kingdom’s Vision 2030 AD, and our project to build a human being, we believe in the importance of preserving the Arab spirit and cultural values that distinguish us as a people, and at the same time we realize that development and progress are necessary to interact with the modern world and the future.

Alkhaleej Training and Education Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 (Six Months)

 

Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change
Sales/Revenue 209,913,559 193,397,273 8.54 231,238,006 -9.22
Gross Profit (Loss) 24,603,726 29,407,421 -16.33 22,342,012 10.12
Operational Profit (Loss) 13,422,299 10,528,295 27.49 2,806,400 378.27
Net Profit (Loss) after Zakat and Tax 6,112,278 -3,416 – -5,091,823 –
Total Comprehensive Income -43,145,118 49,840,308 – -1,757,107 2,355.46
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar Period For Previous Year %Change
Sales/Revenue 441,151,565 399,269,216 10.49
Gross Profit (Loss) 46,945,738 46,335,492 1.32
Operational Profit (Loss) 16,228,699 11,403,501 42.31
Net Profit (Loss) after Zakat and Tax 1,020,455 -7,605,251 –
Total Comprehensive Income -44,902,225 50,987,466 –
Total Share Holders Equity (after Deducting Minority Equity) 770,560,498 636,074,871 21.14
Profit (Loss) per Share 0.02 -0.17
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 in for the second quarter of 2022 as compared to the losses in the same quarter of the previous year. The achievement of these profits is due to the improvement in some operational activities in the Education and Call Centers sectors, as well as the improvement in the control over operating expenses and the improvement in collection for the period.
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 in the second quarter of 2022 compared to the losses achieved in the previous quarter of current year. The achievement of these profits is due to the improvement in some operational activities in the Education and call centers sectors, as well as the improvement in the control over operating expenses and the improvement in collection for the period.
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 company achieved profits in the current period of 2022 compared to the losses achieved in the same period of the previous year. The achievement of these profits is due to the improvement in some operational activities in the Education and Call Centers sectors, as well as the improvement in the control over operating expenses and the improvement in collection for the 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 Earnings/(loss) per share is calculated by dividing the profit/loss 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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