Fitaihi Holding Group announces that, on Monday 12/12/2016, it sold to the IMC, a related party, where Fitaihi Holding Group owns 19.34% of its capital, a product (within the product range Fitaihi Holding Group operates) at an amount of SAR 2,280,600 in cash, without special conditions, and the financial impact of this transaction will be considered in the last... Read More
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) 3,315,170 9,718,866 -65.89 -4,988,932 – Gross profit (loss) 17,027,182 32,665,942 -47.87 13,204,277 28.95 Operational profit (loss) -6,656,289 392,925 – -14,453,831 53.95 All figures are in Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE Net profit (loss) -1,926,470 48,047,422 – Gross profit (loss) 51,215,732 110,129,817 -53.5 Operational profit (loss) -26,491,049 23,557,238 – Earning or loss per share, Riyals -0.04 0.87 – All figures are in Saudi Arabia, Riyals ELEMENT EXPLAINATION Reasons of increase (decrease) for quarter compared with same quarter last year NO TRANSLATION, SEE... Read More
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -4,988,932 21,535,919 – -252,708 -1,874.19 Gross profit (loss) 13,204,277 42,140,204 -68.67 20,984,273 -37.08 Operational profit (loss) -14,453,831 14,486,542 – -5,380,929 -168.61 All figures are in Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE Net profit (loss) -5,241,640 38,328,556 – Gross profit (loss) 34,188,550 77,463,875 -55.87 Operational profit (loss) -19,834,760 23,164,313 – Earning or loss per share, Riyals -0.1 0.7 – All figures are in Saudi Arabia, Riyals ELEMENT EXPLAINATION Reasons of increase (decrease) for quarter compared with same quarter last year NO TRANSLATION, SEE... Read More
Fitaihi Holding group announces that, on Tuesday 26-04-2016, the board of directors of Al-Jouf Agricultural Development Co. has approved the appointment of Mr. Omar Riyadh Mohammed Alhumaidan (non-executive), a member of the board of directors of Fitaihi Holding Group, as a representative member of Fitaihi Group in the board of directors of Al-Jouf Agricultural Development Co. Mr. Omar will... Read More
The new board of directors of Fitaihi Holding Group held its first meeting on Wednesday 20/04/2016. The members appointed SHK. Ahmed Hassan Fitaihi as the chairman of the board, and formed the sub-committees of the board: Audit and Risk Management Committee – Governance, Nomination and Remuneration Committee – Investment Committee, for 3 years ending on 21/04/2019. Read More
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -30,161,141 18,502,886 – -38,608,113 21.88 Gross profit (loss) -7,778,917 37,723,671 – -11,409,215 31.82 Operational profit (loss) -34,144,119 11,077,771 – -43,565,047 21.62 Earning or loss per share, Riyals -0.55 0.34 – – – All figures are in Saudi Arabia, Riyals ELEMENT EXPLAINATION Reasons of increase (decrease) for quarter compared with same quarter last year NO TRANSLATION, SEE THE ARABIC VERSION Reasons of increase (decrease) for quarter compared with previous quarter NO TRANSLATION, SEE THE ARABIC VERSION Reclassifications in... Read More
ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE Net profit (loss) 5,724,064 70,146,833 -91.84 Earning or loss per share, Riyals 0.1 1.28 – Gross profit (loss) 101,120,602 166,543,416 -39.28 Operational profit (loss) -17,607,809 50,880,394 – All figures are in Saudi Arabia, Riyals ELEMENT EXPLAINATION Reasons of annual financial results The decline in net profits in the Year 2015, compared to the Year 2014, is mainly due to the following: 1- The decline in sales, by 11.7%, as the Group achieved sales amounting to 263.6 million... Read More
Fitaihi Holding Group announces that the Minister of Commerce and Industry has issued the ministerial decree, No. (Q/99) dated 08/04/1437, approving the transformation of the International Medical Center from a limited liability company to a closed joint stock company. Worth mentioning that the IMC is a related party where Fitaihi Holding Group owns 19.34% of its capital. Read More
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -38,769,097 8,733,410 – 5,817,295 – Gross profit (loss) -11,352,995 32,074,635 – 32,665,942 – Operational profit (loss) -43,508,827 2,074,185 – 392,925 – All figures are in Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE Net profit (loss) 5,563,083 70,146,833 -92.07 Gross profit (loss) 101,176,822 166,543,416 -39.25 Operational profit (loss) -17,551,589 50,880,394 – Earning or loss per share, Riyals 0.1 1.28 – All figures are in Saudi Arabia, Riyals ELEMENT EXPLAINATION Reasons of increase (decrease) for quarter compared with same quarter last year NO TRANSLATION, SEE... Read More
Fitaihi Holding Group announces that, on Monday 18/01/2016, it sold to the IMC, a related party, where Fitaihi Holding Group owns 19.34% of its capital, a product (within the product range Fitaihi Holding Group operates) at an amount of SAR 1,470,000 in cash, without special conditions, and the financial impact of this transaction will be considered in the first... Read More