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Naseej for Technology Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
9538
NASEEJ TECH
0.93
%
1445/02/01 17/08/2023 08:15:46
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 90,868,883 | 94,853,126 | -4.2 | ||
| Gross Profit (Loss) | 23,541,773 | 29,169,340 | -19.29 | ||
| Operational Profit (Loss) | 2,656,495 | 9,912,387 | -73.2 | ||
| Net Profit (Loss) after Zakat and Tax | 2,290,075 | 7,744,258 | -70.43 | ||
| Total Comprehensive Income | 2,232,716 | 7,528,079 | -70.34 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 118,176,866 | 116,146,147 | 1.75 | ||
| Profit (Loss) per Share | 0.42 | 1.52 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to | The reason for the decrease in net income is attributed to a 4.2% decrease in revenues compared to the same period last year. This decline is due to the uncontrollable delay in some projects, which were planned to be executed during that period. Additionally, the increase in sales and marketing expenses contributed to the decrease in operating profit, which in turn led to a decrease in net income. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | NA |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to correspond to the current period presentation. |
| Additional Information | NA |
The Capital Market Authority and Saudi 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.
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Last Price 54.5
Net Change 0.5 (+0.93%)
Value Traded (Sar) 37,163.8
Volume Traded 672
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