14/01/2014 01:25 AST

The net profit of Al-Jouf Agriculture Development Company (JADCO) during the 4th Q 2013 amounted to SAR 37.714 million versus SAR 40.2 million for the same quarter of last year with a decrease of 6.18 %, compared to SAR 34.358 million for the previous quarter with an increase of 9.77 %.

Gross profit during the 4th Q of 2013 added up to SAR 55.137 million versus SAR 57.289 million for the same quarter of last year, a decrease of 3.76 percent.

Operating profit decreased 16.78 % to SAR 34.173 million during 4thQuarter of 2013 versus SAR 41.065 million for the same quarter of last year.

While, net profit during 2013 showed an increase of 1.57 percent to SAR 103.274 million versus SAR 101.677 million for the last year 2012.

EPS of JADCO during 2013 recorded as SAR 4.13 per share versus 4.07 SAR/Share for the same period last year 2012.

The total operating profit of JADCO during 2013 amounted to SAR 96.843 million versus SAR 101.437 million for the last year 2012, a decrease of 4.53 %.

The decrease in current quarter net profit is attributable to decreases in the sales as well as Seasonal sales.

The increase in yearly net profit is attributable to reduction of some cost elements and having a capital profit.


Gulfbase.com

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1.Total amount of distributio

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JADCO Add Some of the Reasons to Financial Results

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AL-JOUF AGRICULTURE DEVELOPMENT CO. ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 31-12-2013 (TWELVE MONTHS) would like to add some of the reasons

1 - a reference to the p

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SABIC 114.77 5,915,941
TAHSSILAT 25.00 4,010
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