IssuerAnnouncementDetailsV2Portlet
Waja Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
Element List | Current Period | Similar period for previous year | %Change | ||
---|---|---|---|---|---|
Sales/Revenue | 41,007,306 | 43,966,099 | -6.73 | ||
Gross Profit (Loss) | 9,541,824 | 11,842,469 | -19.43 | ||
Operational Profit (Loss) | 6,485,747 | 9,108,845 | -28.8 | ||
Net Profit (Loss) after Zakat and Tax | 5,357,003 | 8,295,231 | -35.42 | ||
Total Comprehensive Income | 5,357,003 | 8,295,231 | -35.42 | ||
Total Share Holders Equity (after Deducting Minority Equity) | 77,650,761 | 72,293,758 | 7.41 | ||
Profit (Loss) per Share | 0.08 | 0.12 | |||
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 profit for the current period compared to the same period of the previous year is mainly due to a decrease in revenues in addition to an increase in the cost of revenues, an increase in financing expenses, and an increase in the zakat provision compared to the same period of the previous year |
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 | None |
Reclassification of Comparison Items | None |
Additional Information | On June 19, 2023 , the General Assembly of Shareholders approved the recommendation of the Board of Directors to divide the nominal value of the company’s shares, by adjusting the nominal value of the share from 10 Saudi Riyals to 50 Halala Saudi Riyal per share, so that the number of shares after the amendment becomes 70,000,000 shares. And there is no change in the company’s capital after the process divide of the nominal value of the share the earnings per share were calculated in the current period based on the number of shares adjusted after the divide. |
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.