تعلن شركة البابطين للطاقة والاتصالات عن النتائج المالية الأولية للفترة المنتهية في 30/
November 12, 2021 at 02:27 am
Share
A2320 ALBABTAIN-0.2 (-0.58 %) 1443/04/06 Thu Nov 11, 2021 15:47:42
Al Babtain Power and telecommunication company announces its Interim Financial Results for the Period Ending on 2021-09-30 (Nine Months)
Share this: Facebook TwitterLinkedIn
Element List
Current Quarter
Similar quarter for previous year
%Change
Previous Quarter
% Change
Sales/Revenue
341.77
353.06
-3.197
385.8
-11.412
Gross Profit (Loss)
39.67
46.67
-14.998
47.1
-15.774
Operational Profit (Loss)
14.39
22.71
-36.635
23.5
-38.765
Net Profit (Loss) after Zakat and Tax
12.65
15.31
-17.374
15.53
-18.544
Total Comprehensive Income
20.27
15.88
27.644
3.3
514.242
All figures are in (Millions) Saudi Arabia, Riyals
Element List
Current Period
Similar period for previous year
%Change
Sales/Revenue
1,049.6
1,036.8
1.234
Gross Profit (Loss)
130.1
145.8
-10.768
Operational Profit (Loss)
55.3
72
-23.194
Net Profit (Loss) after Zakat and Tax
43.7
52.1
-16.122
Total Comprehensive Income
39
44.8
-12.946
Total Share Holders Equity (after Deducting Minority Equity)
772.8
776.5
-0.476
Profit (Loss) per Share
1.02
1.22
All figures are in (Millions) Saudi Arabia, Riyals
Accumulated Losses
Capital
Percentage %
0
0
0
All figures are in (Millions) Saudi Arabia, Riyals
Element List
Explanation
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 profits during the current quarter compared to the same quarter of the previous year is due to the increase in the cost of sales ratio from 86.8% in the same quarter of the previous year to 88.4% during the current quarter and the increase in general and administrative expenses and financing costs.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is
The reason for the decrease in net profits during the current quarter compared to the previous quarter is due to the increase in the cost of sales percentage from 87.8% in the previous quarter to 88.4% during the current quarter, a rise in general and administrative expenses, financing costs, and a decrease in other revenues.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is
The reason for the decrease in net profits during the current period compared to the same period of the previous year is due to the increase in the cost of sales ratio from 85.9 % in the comparison period of the previous year to 87.6% during the current period and the increase in general and administrative expenses, zakat expense and estimated income tax.
Statement of the type of external auditor's report
Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion
NO
Reclassification of Comparison Items
Certain figures of comparatives have been reclassified to conform to the current presentation.
Additional Information
NO
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.
Attachments
Original document
Permalink
Disclaimer
Al-Babtain Power & Telecommunication Company SJSC published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 07:26:04 UTC.
Al-Babtain Power and Telecommunications Company SJSC is engaged in manufacturing steel, electrical distribution and lighting poles, high masts, stadium masts and monopoles. Itâs operating segments following: Towers and metal structures, which includes the production of power transmission towers, galvanized communication towers and their tests, and galvanized steel structures; Poles and lighting that includes the production and galvanization of electricity and lighting poles, masts and their accessories, the production of street lighting lanterns, stadiums and gardens, and the production of electricity distribution panels; Design, supply and installation that includes the work of supplying, installing and maintaining communication systems; Solar energy that includes the production of mobile metal components for solar photovoltaic energy tracking systems; and Headquarters, which supervises the Company's various sectors in addition to the investment activities in the subsidiaries.