Jazan Development Co. announces the annual financial results for the period ending on 31-12-2013

24/02/2014 Tadawul
ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE
Net profit (loss) 100,649,301 -18,322,592 -
Earning or loss per share, Riyals 2.01 -0.37 -
Gross profit (loss) -12,204,597 -17,338,110 29.61
Operational profit (loss) -33,438,719 -32,985,478 -1.37
All figures are in Saudi Arabia, Riyals
ELEMENT EXPLAINATION
Reasons of annual financial results Increase in the sales value in addition to increase in net profit from the sale of some real estate investments.
Reclassifications in annual financial results Some comparative figures for the year 2012 have been reclassified to conform with the current period of the year 2013.

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