The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The reason for the increase in net profit during the current quarter compared to the corresponding quarter of the previous year due to: -
1- increase in revenue resulting from: -
A. continuous effective utilization of newly specialized resources.
B. Continuous enhancement of operating efficiency of the available resources.
2- Increase in other revenues.
3- Low financing cost due to the decrease in principle amount of loans with the value of the installments paid during the period. |
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is | The reason for the increase in net profit during the current quarter compared to the previous quarter is due to:
1- increase in revenues.
2- decrease in some of the operating cost items during the current quarter compared with previous quarter.
3- Low financing cost due to the decrease in principle amount of loans with the value of the installments paid during the period and lower zakat expenses. |
Statement of the type of external auditor's report | Unmodified conclusion |
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | N-A |
Reclassification of Comparison Items | N-A |
Additional Information | The company would like to indicate the possibility of sending investors and financial analysts’ inquiries via email (Shares@mouwasat.com) within 6 working days from the date of publishing the financial statements. |