تعلن الشركة السعودية للنقل الجماعي- سابتكو - عن النتائج المالية الأولية الموحدة للفتر&

A4040 SAPTCO-0.06 (-0.25 %)
1443/03/25 Sun Oct 31, 2021 08:05:52

The Saudi Public Transport Company (SAPTCO) announces its Interim Consolidated Financial Results for the Period Ending on 2021-09-30 (Nine Months)

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Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	221,682	313,931	-29.385	246,380	-10.024
Gross Profit (Loss)	-12,221	-26,462	-53.816	-9,863	23.907
Operational Profit (Loss)	-39,807	-99,472	-59.981	-24,783	60.622
Net Profit (Loss) after Zakat and Tax	-57,095	-121,751	-53.105	-41,356	38.057
Total Comprehensive Income	-57,095	-103,996	-45.098	-41,356	38.057
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	679,644	856,733	-20.67
Gross Profit (Loss)	-35,052	-105,561	-66.794
Operational Profit (Loss)	-100,079	-240,531	-58.392
Net Profit (Loss) after Zakat and Tax	-152,898	-302,024	-49.375
Total Comprehensive Income	-152,898	-292,222	-47.677
Total Share Holders Equity (after Deducting Minority Equity)	1,120,987	1,343,742	-16.577
Profit (Loss) per Share	-1.2	-2.4
All figures are in (Thousands) Saudi Arabia, Riyals

Accumulated Losses	Capital	Percentage %
-129,013	1,250,000	-10.32
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	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	The reason for the decrease in losses during the current quarter compared to the same quarter of the previous year is due to: 1- Decrease in the subsidiary Company cost of revenues, due to the completion of the operational requirements equipment. 2- Decrease in the Selling and distribution expenses. 3- The comparative period included recording additional provision of trade receivables. 4- Decrease the losses of a joint venture investment. 5- Increase in the other revenues. 6- Decrease in zakat and income tax expenses.
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 losses during the current quarter compared to the previous quarter of the same year is due to: 1- Decrease of the operation revenues, due to decrease in the subsidiary company revenues. 2. Increase in the selling and distribution, and the general administrative expenses. 3. The current period included recording provision of trade receivables. 4- Decrease in the other revenues. 5- The previous quarter included refunding of the assets held for sale value. 6- Increase in zakat and income tax 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	The reason for the decrease in losses during the current period compared to the same period of the previous year is due to: 1- Decrease in the cost of revenues, due to the decrease the subsidiary Company cost of revenue. 2. Decrease in the general and administrative expenses. 3.The comparative period included recording additional provision of trade receivables. 4. The comparative period included recording a decreased the amount of the assets held for sell. 5. Increase in the other revenues. 6. Decrease in zakat and income tax expenses.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	Certain prior period comparative figures presented have been reclassified in accordance to the current period's classification.
Additional Information	- The loss per share during the current quarter was calculated based on the loss for the period for the shareholders of the parent company amounting to (55,963) Thousand Riyals compared to the loss of the corresponding period for the shareholders of the parent company amounting to (120,950) thousand riyals. - The loss per share during the current period was calculated based on the loss for the period for the shareholders of the parent company amounting to (149,676) Thousand Riyals compared to the loss of the corresponding period for the shareholders of the parent company amounting to (299,567) thousand riyals.

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