22-Jul-2013 3:32 PM
Saudi Airlines Catering Company reports 1H2013 financial highlights
Direct News Source
Saudi Airlines Catering Company announces the interim financial results for the period ended 30-Jun-2013 (six months)
18-Jul-2013
ELEMENT |
CURRENT QUARTER |
SIMILAR QUARTER FOR PREVIOUS YEAR |
% CHANGE CURRENT |
PREVIOUS QUARTER |
% CHANGE PREVIOUS |
NET PROFIT (LOSS) |
167,984,564 | 143,123,444 | 17.37 | 140,749,369 | 19.35 |
GROSS PROFIT (LOSS) |
188,396,918 | 176,796,942 | 6.56 | 169,795,731 | 10.96 |
OPERATIONAL PROFIT (LOSS) |
157,354,221 | 142,419,238 | 10.49 | 139,048,550 | 13.16 |
ELEMENT |
CURRENT PERIOD |
SIMILAR PERIOD FOR PREVIOUS YEAR |
% CHANGE |
NET PROFIT (LOSS) |
308,733,933 | 249,044,975 | 23.97 |
GROSS PROFIT (LOSS) |
358,192,649 | 318,237,497 | 12.56 |
OPERATIONAL PROFIT (LOSS) |
296,402,771 | 247,110,599 | 19.95 |
EARNING (LOSS) PER SHARE |
3.77 | 3.04 | - |
All figures are in Saudi Arabia, Riyals
ELEMENT |
EXPLANATION |
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR |
The increase in the number of passengers and flights as well as an increase in the company's business in the non airlines catering sector (Business and Industry), and the high proportion of income from the first class and business class lounges. |
REASONS OF INCREASE (DECREASE) FOR PERIOD COMPARED WITH SAME PERIOD LAST YEAR |
The increase in the number of passengers and flights as well as an increase in the company's business in the non airlines catering sector (Business and Industry), and the high proportion of income from the first class and business class lounges. |
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER |
The increase in the number of passengers and flights as well as an increase in the company's business in the non airlines catering sector (Business and Industry), and the high proportion of income from the first class and business class lounges. |