Saudi Industrial Services Co. announces the interim financial results for the period ending on 30-06-2014 (Six Months)

Element Current quarter Similar quarter for previous year % Change Current Previous quarter % Change Previous
Net profit (loss) 21,721 19,596 10.84 12,368 25.62
Gross profit (loss) 71,874 76,212 -5.69 56,315 27.63
Operational profit (loss) 40,994 44,067 -6.97 27,049 51.55

 

Element Current quarter Similar quarter for previous year % Change Current
Net profit (loss) 34,089 33,033 3.2
Gross profit (loss) 128,190 137,683 -6.89
Operational profit (loss) 68,043 78,818 -13.67
Earning or loss per share, Riyals 0.5 0.49 -

 

 

Element Explaination
Reasons of increase (decrease) for quarter compared with same quarter last year Due to improvement in operating results and performance of the most of subsidiaries especially storage and re-export business.
Reasons of increase (decrease) for period compared with same period last year Due to compensation received 5.7million Saudi Riyals for old claims.
Reasons of increase (decrease) for quarter compared with previous quarter Due to improvement in operating results and performance of the most of subsidiaries.
Reclassifications in quarterly financial results certain copmarative figures have been regrouped to conform to the presentation in the current period . further more the comparative interm consolidated statement of income has been represented as if an operation that was discontinued during the current year had been discontinued from the beginning of the comparative year



2015-05-31 - An interview on CNBCARABIA with SISCO CEO



2015-03-15 - An interview on CNBCARABIA with SISCO CEO


2015-03-15 - Jeddah port receives the largest container carrier in the world - Video


2015-01-20 - SISCO CEO Interview with CNBC Arabia