| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 409,553 | 336,677 | 21.645 | 391,903 | 4.503 |
| Gross Profit (Loss) | 119,488 | 113,181 | 5.572 | 118,336 | 0.973 |
| Operational Profit (Loss) | 61,529 | 67,481 | -8.82 | 56,299 | 9.289 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 34,497 | 45,362 | -23.951 | 36,933 | -6.595 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 34,497 | 45,362 | -23.951 | 37,209 | -7.288 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 931,090 | 850,430 | 9.484 |
| Profit (Loss) per Share | 0.53 | 0.7 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| 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 revenues during the current quarter compared to the same quarter of the last year by 21.6% is mainly attributed to: - The increase in revenues from short-term and long-term rental segments by 15%, supported by the opening of new branches - The increase in used car sales segment revenues by 48%. |
| 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 for the decrease in net profit during the current quarter compared to the same quarter of the last year by 24% is primarily attributed to: - A marginal decrease in fleet utilization rates within the rental segment. - The increase in expected credit loss provision, in line with the change in credit risk levels in the market. - Lower profitability in the used car sales segment due to a decline in selling prices. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the increase in revenues during the current quarter compared to the previous quarter by 4.5%, is attributed to the increase in car sales segment revenues by 24%. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reason for the decrease in net profit during the current quarter compared to the previous quarter by 6.6% is attributed to: - The decrease in fleet utilization rates due to business seasonality. - Lower profitability in the used car sales segment due to a decline in selling prices. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | None |
