ELEMENT

CURRENT QUARTER

SIMILAR QUARTER FOR PREVIOUS YEAR

% CHANGE CURRENT

PREVIOUS QUARTER

% CHANGE PREVIOUS

Net profit (loss)

219.1

221.4

-1.04

251.9

-13.02

Gross profit (loss)

242.7

247.4

-1.9

306.4

-20.79

Operational profit (loss)

210

212.9

-1.36

246.2

-14.7

Earning or loss per share, Riyals

2.43

2.46

-

-

-

All figures are in (Millions) Saudi Arabia, Riyals

ELEMENT

EXPLAINATION

Reasons of increase (decrease) for quarter compared with same quarter last year

The decrease in net profit is due to: - Decline in wholesales which missed most of the school second term season as compared to the same quarter last year as it fell in the fourth quarter of the preceding year due to change in school calendar. - Slight decline in certain retail sections.

Reasons of increase (decrease) for quarter compared with previous quarter

The decrease in net profit is due to decrease in:
-Retail sales driven mainly by decline in sales of electronics and
computers sections.
-Sales of wholesale segment as compared to the previous quarter which included most of the school second term season.

Other notes

-The turnover for the quarter ended 31st March, 2018 amounted to SR 1,599.4 m a decrease of 6.2% compared to the same quarter last year SR 1,705.0 m -The total comprehensive income for the quarter ended 31st March 2018 amounted to SR 219.1 m a decrease of 1.1% compared to the same quarter last year SR 221.4 m, and a decrease of 14.8 % compared to the previous quarter SR 257.2 m. -The total shareholder's equity (no minority interest) as of 31st March 2018 amounted to SR 1,615.6 m an increase of 5.7% as compared to SR 1,528.0 m as of 31st March 2017. -Two new showrooms were opened during the quarter.