اعلان شركة الخليج للتدريب والتعليم عن النتائج المالية الأولية للفترة المنتهية في 2021-09-30 ( 

A4290 ALKHALEEJ TRNG-0.6 (-2.2 %)
1443/03/28 Wed Nov 3, 2021 08:07:59

Alkhaleej Training and Education Co. announces its Interim Financial Results for the Period Ending on 2021-09-30 ( Nine Months )

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Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	211,238,489	183,970,812	14.821	193,397,273	9.225
Gross Profit (Loss)	36,428,404	42,493,889	-14.273	29,407,421	23.874
Operational Profit (Loss)	16,315,626	15,384,283	6.053	10,528,295	54.969
Net Profit (Loss) after Zakat and Tax	7,936,775	6,533,493	21.478	-3,416	-
Total Comprehensive Income	26,459,722	52,147,983	-49.26	49,840,308	-46.91
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	610,507,705	579,325,604	5.382
Gross Profit (Loss)	82,763,896	111,405,755	-25.709
Operational Profit (Loss)	27,719,127	45,721,712	-39.374
Net Profit (Loss) after Zakat and Tax	331,524	15,586,017	-97.872
Total Comprehensive Income	77,447,188	31,530,738	145.624
Total Share Holders Equity (after Deducting Minority Equity)	661,824,727	639,422,065	3.503
Profit (Loss) per Share	0.01	0.35
All figures are in (Actual) 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 increase in net profit during the current quarter compared to the same quarter of the previous year is due to the increase in revenues in this quarter compared to the same quarter of the previous year, in addition to the improvement in results mainly in most of the company's sectors such as training, call centers, universities and schools.
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 company achieved profits in the current quarter compared to realizing a net loss in the previous quarter. This is due to the improvement in economic activity in this quarter compared to the previous quarter due to seasonal market conditions, which led to higher revenues. In addition to improving results in most of the company's sectors such as training, call centers, schools and subsidiaries.
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 profit during the current period compared to the same period of the previous year is due to the decrease in the cost of revenues, financing expenses and general and administrative expenses during the same period of the previous year due to the presence of government subsidy -saned
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	The consolidated financial statements of the Company for the year ended 31 December 2020 were audited by another auditor, who expressed a modified opinion dated 31 March 2021 due to the Company did not provide the fair value of investments amounting to SAR 15.6 million carried at Fair Value through Other Comprehensive Income.
Reclassification of Comparison Items	Certain comparative figures have been reclassified wherever necessary for better presentation , however profit and retained earnings have not ben afrfected in these interim condesend financal statment . disclosure number 19.2
Additional Information	Earnings/(loss) per share is calculated by dividing the profit/loss for the period attributable to the shareholders of the parent company by the weighted average number of ordinary shares during the period.

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.