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Marble Design Factory Company 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 | 26,793,279 | 25,274,210 | 6.01 | ||
| Gross Profit (Loss) | 11,211,221 | 10,771,946 | 4.08 | ||
| Operational Profit (Loss) | 10,123,878 | 10,566,282 | -4.19 | ||
| Net Profit (Loss) after Zakat and Tax | 10,640,221 | 9,802,911 | 8.54 | ||
| Total Comprehensive Income | 10,640,221 | 9,802,911 | 8.54 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 97,706,074 | 95,246,743 | 2.58 | ||
| Profit (Loss) per Share | 1.77 | 1.63 | |||
| 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 | Increased revenues from main operating activities to reach 26,793,279 SAR compared to 25,274,210 SAR for the same period of the previous year, with a growth rate of 6.01% Other revenues increased by 881,679 SAR by 428.69% compared to the same period of the previous year due to: Selling two lands located in Al-Aziziyah district in Riyadh. The reason for the decrease in operating profit by 442,404 SAR by 4.186% is due to the increase in general and marketing expenses by 1,803,820 SAR by 31.43% compared to the same period of the previous year, mainly due to: Increasing additional expenses resulting from listing the company in the parallel market (Nomu). |
| 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 | There are no minority equity in financial statements. |
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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