Total Share Holders Equity (after Deducting Minority Equity)
41,451,809
39,797,510
4.16
Profit (Loss) per Share
0.03
0.07
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 first half of the current year by 55% compared to the same period of the previous year is mainly due to:
Although the company achieved revenue growth during the first half of 2023, with an increase of 22% compared to the same period last year, through the company signing a number of operational and consulting contracts with several entities during this half of the year. Despite the decrease in general and administrative expenses for the current period, with a decrease of 12.65% compared to the same period of the previous year.
The increase in operating costs for the current period compared to the same period in the previous year as a result of changing some regulations and laws related to the medical insurance item.
The increase in financing costs for the current period compared to the same period in the previous year as a result of the company benefiting during the previous year from the program to extend the payment scheduling related to the Corona pandemic.
Statement of the type of external auditor's report
Unmodified conclusion
Reclassification of Comparison Items
The weighted average number of shares for the period ending on June 30, 2022 has been adjusted to align with the weighted average number of new shares after its increase during the period ending on June 30, 2023
Additional Information
The basic and diluted earnings per share for the current year and the previous year were calculated by dividing the net profit for the year after zakat attributable to the company's shareholders by the weighted average number of ordinary shares outstanding at the end of the current period which is 50,000,000 shares
Attached Documents
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