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MOBI Industry Co. announces its Interim Financial results for the period ending on 2024-06-30 ( Six Months )
9517
MOBI INDUSTRY
-0.33
%
1446/02/04 08/08/2024 08:00:11
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 117,578,290 | 100,405,938 | 17.102 | ||
| Net profit (Loss) | 21,654,811 | 17,619,256 | 22.904 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 74,828,890 | 77,953,226 | -4.007 | ||
| Profit (Loss) per Share | 0.43 | 0.35 | |||
| All figures are in (Actual) 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 (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The reason for the increase in sales during the current period compared to the same period of the previous year is due to improving promotional plans by granting discounts to customers according to the sales rate for each customer. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The reason for the increase in net profit during the current period compared to the same period of the previous year is due to the increase in sales, by 17.10%, as well as a decrease in the cost of sales by 2.47 % compared to the same period of the previous year |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | During the period, the Company has made certain reclassifications in the comparative 2023 financial statements to conform to 2024 presentation |
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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