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Kingdom Holding Co. announces its Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months )

4280
KINGDOM
-2.52 %
1446/05/05     07/11/2024 08:07:10

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 612,017608,1830.63647,459-5.474
Gross Profit (Loss) 338,631363,638-6.876401,966-15.756
Operational Profit (Loss) 650,570823,134-20.964868,345-25.079
Net profit (Loss) 347,060391,176-11.277624,200-44.399
Total Comprehensive Income 1,526,671-352,637--17,788-
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 1,823,8741,974,012-7.605
Gross Profit (Loss) 1,056,3781,240,277-14.827
Operational Profit (Loss) 2,057,9341,972,2154.346
Net profit (Loss) 1,167,454856,17236.357
Total Comprehensive Income 3,405,8881,254,007171.6
Total Shareholders Equity (after Deducting Minority Equity) 37,539,83030,943,14621.318
Profit (Loss) per Share 0.320.23
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason of the increase in the revenues during the current quarter compared to the same quarter of the last year is due to increase in hotels and other operating revenues. Despite of decrease in dividend income.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason of the decrease in the net profit during the current quarter compared to the same quarter of the last year is due to decrease in other gains, net, decrease in share of results from equity-accounted investees, increase in hotels and other operating costs, decrease in finance income, increase in general, administrative and marketing expenses, decrease in dividend income and increase in withholding and income tax. Despite the positive impact from reversal of impairment for equity accounted investee, decrease in financial charges, decrease in Zakat and increase in hotels and other operating revenues.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the decrease in revenue during the current quarter compared to the previous quarter of the current year is due to decrease in dividend income and decrease in hotels and other operating revenues.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason of the decrease in the net profit during the current quarter compared to the previous quarter of the current year is due to decrease in share of results from equity-accounted investees, increase in withholding and income tax, decrease in other gains, net, decrease in dividend income, increase in hotels and other operating costs, decrease in finance income, increase in financial charges, increase in general, administrative and marketing expenses and decrease in hotels and other operating revenues. Despite the positive impact from reversal of impairment for equity accounted investee and decrease in Zakat.
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 of the decrease in revenue during the current period compared to the same period of the last year is due to decrease in dividend income. Despite of increase in hotels and other operating revenues.
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 of the increase in the net profit during the current period compared to the same period of the last year is due to increase in share of results from equity-accounted investees, decrease in financial charges, positive impact from reversal of impairment for equity accounted investee, increase in gain on sale of investment property, decrease in withholding and income tax, increase in hotels and other operating revenues and decrease in Zakat. Despite of decrease in other gains, net, decrease in dividend income, increase in general, administrative and marketing expenses, increase in hotels and other operating costs and decrease in finance income.
Statement of the type of external auditor's report Unmodified conclusion
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) N/A
Reclassification of Comparison Items N/A
Additional Information N/A

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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Last Price 9.68
Net Change -0.25 (-2.52%)
Value Traded (Sar) 3,245,468.9
Volume Traded 333,258
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