IssuerAnnouncementDetailsV2Portlet

Actions

Nofoth Food Products Co. announces its Annual Financial Results for the Period Ending on 2022-12-31

9556
NOFOTH
0.97 %
1444/08/30     22/03/2023 08:22:40

Element ListCurrent YearPrevious Year%Change
Sales/Revenue 268,819,480196,618,93336.72
Gross Profit (Loss) 146,378,24099,444,72347.2
Operational Profit (Loss) 31,463,66925,645,19422.69
Net Profit (Loss) after Zakat and Tax 31,486,71126,847,95417.28
Total Comprehensive Income 30,925,73226,704,36115.81
Total Share Holders Equity (after Deducting Minority Equity) 68,417,09038,691,35876.83
Profit (Loss) per Share 13.1266.6
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is Nofoth Food Products Co achieved an increase in net profit after Zakat and tax that reached SAR 31,486,711 in 2022 as compared to SAR 26,847,954 in 2021 i.e. a growth of 17.28%. This increase is mainly attributed to an increase in revenue to SAR 268,819,480 in 2022 from SAR 196,618,933 in 2021 i.e. a growth of 36.72%, contributing to an increase in gross profit that reached SAR 146,378,240 in 2022 as compared to SAR 99,444,723 in 2021 i.e. a growth of 47.19%
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 None
Reclassification of Comparison Items Certain figures have been reclassified to comply with the current period presentation of the financial statements.
Additional Information Basic earnings per share for the period ending on December 31, 2022, have been calculated by dividing the Net profit attributable to Equity holders of the Company by the number of shares of 2,400,000 shares, and for the period ending December 31, 2021, by dividing the Net profit attributable to Equity holders of the Company by the weighted average number of 402,849 shares.

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.

Company Performance

NOFOTH
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 20.8
Net Change 0.2 (+0.97%)
Value Traded (Sar) 266,165.24
Volume Traded 12,859
See The Company Profile

LoginPortletPopupv2

Actions

AddtoWatchlistv2

Actions
NO PORTLET SESSION YET