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November 7, 2022| Element List | Sales/Revenue |
| Current Quarter | 9,913,257 |
| Similar quarter for previous year | 11,719,972 |
| %Change | -15.41 |
| Previous Quarter | 8,375,357 |
| % Change | 18.36 |
| Gross Profit (Loss) | |
| Current Quarter | 4,040,266 |
| Similar quarter for previous year | 5,981,519 |
| %Change | -32.45 |
| Previous Quarter | 2,637,309 |
| % Change | 53.2 |
| Operational Profit (Loss) | |
| Current Quarter | -1,889,361 |
| Similar quarter for previous year | 1,706,998 |
| %Change | – |
| Previous Quarter | -2,917,219 |
| % Change | -35.23 |
| Net Profit (Loss) after Zakat and Tax | |
| Current Quarter | -2,060,399 |
| Similar quarter for previous year | 1,481,129 |
| %Change | – |
| Previous Quarter | -1,888,195 |
| % Change | 9.12 |
| Total Comprehensive Income | |
| Current Quarter | -2,060,399 |
| Similar quarter for previous year | 1,481,129 |
| %Change | – |
| Previous Quarter | -1,888,195 |
| % Change | 9.12 |
| All figures are in (Actual) Saudi Arabia, Riyals |
| Element List | Sales/Revenue |
| Current Period | 27,201,579 |
| Similar period for previous year | 33,954,115 |
| %Change | -19.89 |
| Gross Profit (Loss) | |
| Current Period | 9,288,954 |
| Similar period for previous year | 18,191,288 |
| %Change | -48.94 |
| Operational Profit (Loss) | |
| Current Period | -8,028,795 |
| Similar period for previous year | 6,287,586 |
| %Change | – |
| Net Profit (Loss) after Zakat and Tax | |
| Current Period | -7,525,520 |
| Similar period for previous year | 5,930,643 |
| %Change | – |
| Total Comprehensive Income | |
| Current Period | -7,525,520 |
| Similar period for previous year | 5,930,643 |
| %Change | – |
| Total Share Holders Equity (after Deducting Minority Equity) | |
| Current Period | 139,690,319 |
| Similar period for previous year | 131,914,302 |
| %Change | 5.89 |
| Profit (Loss) per Share | |
| Current Period | -0.75 |
| Similar period for previous year | 0.59 |
| All figures are in (Actual) Saudi Arabia, Riyals |
| Element List | The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is |
| Explanation | – A decrease in the value of revenues in the current quarter by 15.41% compared to the same quarter of the previous year. – an increase in the General and administrative expenses by 94.71 compared to the same quarter of the previous year This is in view of the fact that the profit and loss statement for the current quarter of 2022 is a consolidated list with the subsidiaries (companies under establishment) |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is | |
| Explanation | – an increase in the Revenues for the current quarter compared to the previous quarter by 18.36%. – a Decrease in other income for the current quarter compared to the previous quarter by 88.03%. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | |
| Explanation | – A decrease in the value of revenues in the current period by 19.88% compared to the same period of the previous year. – an increase in the Expenses in the current period by 45.48% compared to the same period of the previous year. This is in view of the fact that the profit and loss statement for the current period of 2022 is a consolidated list with the subsidiaries (companies under establishment). |
| Statement of the type of external auditor’s report | |
| Explanation | Unmodified conclusion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | |
| Explanation | None |
| Reclassification of Comparison Items | |
| Explanation | Certain comparative figures for the period ending on June 30, 2021 have been reclassified to conform to the presentation and classification of the current period. |
| Additional Information | |
| Explanation | The main reason for the increase in expenses in the current period is the increase in establishment expenses of subsidiaries companies owned by Arab Sea Information System Company |
كل عام والسعودية تُعانق السماء مجدًا وطموح وإزدهار اللهم ادم علينا الامن والامان والرخاء واحفظ هذه البلاد وقادتها من كل سوء
