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Al-Ahsa Development Co. announces the interim financial results for the period ending on 31-03-2017 (Three Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss) 1,823,979 -1,581,014 - -12,210,436 -
Gross profit (loss) 12,558,077 12,705,563 -1.16 10,214,059 22.95
Operational profit (loss) -1,935,709 -1,199,733 -61.34 -5,044,666 61.63
Earning or loss per share, Riyals 0.02 -0.06 - - -
All figures are in Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year No translations see the Arabic version.
Reasons of increase (decrease) for quarter compared with previous quarter No translations see the Arabic version.
Reclassifications in quarterly financial results No translations see the Arabic version.
Other notes No translations see the Arabic version.

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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