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Tourism Enterprise Co. announces its Annual Financial Results for the Period Ending on 2023-03-30
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 10,000,914 | 15,975,723 | -37.4 | ||
| Gross Profit (Loss) | 1,107,732 | 5,146,584 | -78.48 | ||
| Operational Profit (Loss) | -6,717,908 | -12,882,008 | -47.85 | ||
| Net Profit (Loss) after Zakat and Tax | -7,323,908 | -14,036,427 | -47.82 | ||
| Total Comprehensive Income | -7,069,057 | -14,203,267 | -50.23 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 550,809,849 | 55,439,484 | 893.53 | ||
| Profit (Loss) per Share | -0.7 | -1.31 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for the decrease in the net loss during the year is me, compared to the loss in the loss during the previous year, to the increase in the other revenues, and the decrease in some allocations. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | Nothing |
| Reclassification of Comparison Items | Some comparison numbers for the previous period have been re -tabs in line with the nature of the show for the current period |
| Additional Information | In20 November 2022 AD, the shareholders at the extraordinary general assembly meeting decided to increase the capital with a 525,669,300 million Saudi riyals by issuing priority rights shares to become capital after an increase of 578,236,230 SAR. December 15, 2022 AD The company announced the results of the offering And 22 December 2022 AD received the company, in the proceeds of the offering. The company has fulfilled all the suspicious requirements related to the increase in the capital during the final year 2022 31 December. The accumulated losses by the end of the year 2022 reached 5.2 %of the capital accumulated by the end of the year 2021, which represents 0.07 %of the company's capital, which is the reason for the increase due to the offering expenses and the increase in capital during the current year. We also indicate that the share of the stock was calculated from the loss by dividing the net loss On the weighted average of the number of arrows existing during the year |
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.
Share
Company Performance
Key Parameters
Last Price 0.94
Net Change -0.01 (-1.05%)
Value Traded (Sar) 31,974,050.08
Volume Traded 33,816,371
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