ALJOUF Announces its Audited Financial Results

30/01/2013 08:28 AST

ALJOUF AGRICULTURAL DEVELOPMENT COMPANY (ALJOUF) ANNOUNCES ITS AUDITED FINANCIAL RESULTS FOR THIS YEAR ENDED 31 ST DECEMBER 2012 AS FOLLOWS:

1. The net profit amounted to SAR (101.68) million, an increase of 20 % compared to the last year SAR (84.61) million.

2. The Earnings per Share (EPS) amounted to SAR (4.07) compared to SAR (3.38) for the last year .

3. The gross profit amounted to SAR (149.83) million, an increase of 18.5 % compared to the last year SAR (126.37) million.

4. The operating income amounted to SAR (101.44) million. An increase of 21 % compared to the last year SAR (83.90) million.

5. Cause of high profits for the same period last year due to the increased value sales to SAR (344.54) million compared to SAR (292.48 )million for the same period last year.

6-certain prior year amounts were reclassified to conform to the current year presentation.


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