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Correction announcement from Fawaz Abdulaziz Alhokair Co. in regards to Correction announcement from Fawaz Abdulaziz Alhokair Co. in regard to Fawaz Abdulaziz Alhokair Co. Announces Its Interim Consolidated Financial Results for the Period Ended on 30 June 2020 (3 Months)

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Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2020-09-14 Corresponding to 1442-01-26
URL of the Previous Announcement Click Here
Incorrect statements in the previous announcement Net Profit (Loss) after Zakat and Tax for the period ended 30 June 2019 was listed as SAR 224.0 million, with Total Comprehensive Income for the period listed as SAR 224.9 million.

The announcement stated that consolidated Net Profit decreased to book a Net Loss of SAR 535.6 million in the period ended 30 June 2020, compared to a Net Profit of SAR 224.0 million in the same quarter of the previous year.

Correct Statement Net Profit (Loss) after Zakat and Tax for Q1-FY2020 was SAR 224.9 million, while Total Comprehensive Income for the period was SAR 224.0 million.

Consolidated Net Profit decreased to book a Net Loss of SAR 535.6 million in Q1-FY2021, compared to a Net Profit of SAR 224.9 million in the same quarter of the previous year.

Additional Information The company would like to declare that the correct information is as follows:

Net Profit (Loss) after Zakat and Tax for the period ended 30 June 2019 was SAR 224.9 million, while Total Comprehensive Income for the period was SAR 224.0 million.

Consolidated Net Profit decreased to book a Net Loss of SAR 535.6 million in the period ended 30 June 2020, compared to a Net Profit of SAR 224.9 million in the same quarter of the previous year.

The Capital Market Authority and the Saudi Stock 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 Net Change
22.42 -0.5 (-2.18%)
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13,747,150.84 605,484

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