Total Share Holders Equity (After Deducting the Minority Equity)
8,202.87
8,244.86
-0.51
Profit (Loss) per Share
2.1
3.38
All figures are in (Millions) Saudi Arabia, Riyals
Element List
Amount
Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value
-
-
All figures are in (Millions) Saudi Arabia, Riyals
Element List
Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year
The decrease in revenues by 1.78% is mainly due to a decrease in power sector revenues as a result of a decrease in demand for power from some major customers in Yanbu Industrial City, despite the increase in revenues from water sector and sales gas sector.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is
The decrease in net profit is mainly due to an increase in financing costs by 74% results from SIBOR rate increase as well as decrease in the company revenues by 1.78%.
Statement of the type of external auditor's report
Unmodified opinion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)
None
Reclassification of Comparison Items
None
Additional Information
Attached is annual earnings release for year 2023.
Attached Documents
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