Jabal Omar reports a net profit of SAR 426.6m for 1435AH

13/11/2014 Argaam

Jabal Omar Development Company, which develops Jabal Omar area, reported a net profit of SAR 426.6m for the fiscal year ended Dhu Al Hijja 1435 AH, compared to a net loss of SAR 32.3m for the same period in 1434, as shown in the following table:
 

Income Statement

Change

Dhū al-Ḥijja 1435

Dhū al-Ḥijja 1434

Period

--

426.6

(32.3)

Net Profit

(SAR million)

--

929.4

929.4

Average number of shares (million)

--

45.90

(3.48)

Earnings per share (Halala/share)
 

The company attributed reporting a net profit in 1435 compared to a net loss for the same period last year, to recognizing revenue from selling and renting parts of S1 area malls and realizing revenue from fully operating Hilton Suites hotel.  
 

Net profit since 1434H

EPS

(Halala)

Net profit

(SAR million)

Period

1434 H

(0.57)

(5.3)

Q1-Rabīʿ al-Awwal 1434

(0.66)

(6.1)

Q2-Jumādā ath-Thāniya  1434

(0.37)

(3.4)

Q3-Ramadan1434

(1.89)

(17.6)

Q4-Dhū al-Ḥijja1434

1435 H

(0.27)

(2.5)

Q1-Rabīʿ al-Awwal 1435

(0.05)

(0.5)

Q2-Jumādā ath-Thāniya  1435

(0.17)

(1.6)

Q3-Ramadan1435

46.41

431.3

Q4-Dhū al-Ḥijja1435
           
 

 

 

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