ELEMENT LIST |
Current YEAR |
Similar Quarter For Previous Year |
% Change |
Previous Quarter |
% Change |
Gross Income from Special Commissions/Financing & Investments |
1,799.8 |
888.7 |
102.52 |
1,606.8 |
12.01 |
Net Income from Special Commissions/Financing & Investments |
863.5 |
672.2 |
28.46 |
841.7 |
2.59 |
Total Operation Profit (Loss) |
989.3 |
772.5 |
28.06 |
959.6 |
3.1 |
Net Profit (Loss) before Zakat and Income Tax |
516.1 |
391 |
31.99 |
475.5 |
8.54 |
Net Profit (Loss) |
443.8 |
320.7 |
38.38 |
408.9 |
8.54 |
Total Comprehensive Income |
428.4 |
-466.1 |
- |
512 |
-16.33 |
Total Provisions (Reversals) for Expected Credit and Other Losses, net |
79.6 |
53.6 |
48.51 |
81.4 |
-2.21 |
Total Operating Expenses Before Provisions for Credit and Other Losses |
406.2 |
339.4 |
19.68 |
421 |
-3.52 |
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT LIST |
Current YEAR |
Similar Period For Previous Year |
% Change |
Gross Income from Special Commissions/Financing & Investments |
3,406.6 |
1,620.2 |
110.26 |
Net Income from Special Commissions/Financing & Investments |
1,705.2 |
1,261.4 |
35.18 |
Total Operation Profit (Loss) |
1,948.9 |
1,489.6 |
30.83 |
Net Profit (Loss) before Zakat and Income Tax |
991.5 |
741.1 |
33.79 |
Net Profit (Loss) |
852.7 |
607.7 |
40.31 |
Total Comprehensive Income |
940.4 |
-721.5 |
- |
Total Share Holders Equity (excluding Non-Controlling Interest) |
13,980 |
13,511 |
3.47 |
Assets |
123,595 |
110,798 |
11.55 |
Investments |
31,707 |
28,381 |
11.72 |
Loans and Advances Portfolio (Financing & Investment) |
77,305 |
62,263 |
24.16 |
Total Provisions (Reversals) for Expected Credit and Other Losses, net |
160.9 |
91.4 |
76.04 |
Total Operating Expenses Before Provisions for Credit and Other Losses |
827.2 |
684.1 |
20.92 |
Clients' deposits |
82,664 |
67,459 |
22.54 |
Profit (Loss) per Share |
0.77 |
0.56 |
|
All figures are in (Millions) Saudi Arabia, Riyals
Element |
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 |
Net profit increased by 38.4% due to an increase in total operating income. |
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is |
Net profit increased by 8.5% due to an increase in total operating income and a decrease in total operating expenses. |
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is |
Net profit increased by 40.3% due to an increase in total operating income. |
Statement of the type of external auditor's report |
Unmodified opinion. |
Reclassification of Comparison Items |
Certain prior period amounts have been reclassified to conform to current period presentation. |
Additional Information |
Earnings per share for the six-month period ended June 30, 2023 and 2022 was SAR 0.77 and 0.56 respectively, which was calculated by dividing net income adjusted for Tier I Sukuk costs by 1,000 million shares. |