Tadawul
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ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS
Net profit (loss) 248.1 227.8 8.91 238.8 3.89
Total profit (loss) operation income\ Investments 763 638.6 19.48 717.9 6.28
Net profit (loss) special commission income\ Investments 448.8 361.7 24.08 430.8 4.18
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE
Net profit (loss) 716.2 586.2 22.18
Total profit (loss) operation income\ Investments 2,175.4 1,907.1 14.07
Net profit (loss) special commission income\ Investments 1,272.1 1,044.1 21.84
Earning or loss per share, Riyals 1.19 0.98 -
Total Assets 62,533 55,646 12.38
Investments 5,872 3,042 93.03
Loans and advances portfolio 41,815 36,247 15.36
Customer deposit 46,402 41,244 12.51
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year Net income has increased due to the increase in total operating income by 19.5%, which has resulted due to the increase in the income from investment and financing activities net, other operating income , fee and commission , net exchange income , gains on non-trading investments and dividend income.
Total operating expenses have increased by 26% due to the increase in impairment for financing assets, other general and administrative expenses , staff expenses , depreciation , rent and premises related expenses. However impairment on investments, have decreased.
Reasons of increase (decrease) for period compared with same period last year Net income has increased. The increase is due to the increase in total operating income by 14%, which has resulted due to the increase in net income from investment and financing assets activities , other income , gains on non-trading investments and fee and commission net. However net exchange income and dividend income have decreased.
Total operating expenses have increased by 11% due to the increase in impairment for financing assets , Other general and administrative expenses , staff expenses and depreciation. However, impairment on investments and rent and premises related expenses have decreased.
Reason of increase (decrease) for quarter compared with the previous quarter Net income has increased due to the increase in total operating income by 6.3%, which has resulted due to the increase in the income from investment and financing activities net, fee and commission , other operating income , net exchange income and dividend income. However , Gains on non-trading investments have decreased.
Total operating expenses have increased by 7.7% due to increase in impairment of financing assets , other general and administrative expenses and depreciation. However , staff expenses and rent and premises related expenses and have decreased.
Reclassifications in quarterly financial results Some items have been re-classified
Other notes Gross Income from investing and financing assets for the three-month period ended 30 September 2017 is SAR 548 million as compared to SAR 467 million in corresponding quarter of last year, an increase of 17.3%
Gross Income from investing and financing assets for the nine-month period ended 30 September 2017 is SAR 1,547 million as compared to SAR 1,296 million in corresponding period of last year, an increase of 19.4%
Total comprehensive income for the nine months period ended 30 September 2017 is SAR 771 million as compared to SAR 596 million for last year, with an increase of 29%. Total comprehensive income for the three months period ended 30 September 2017 is SAR 303 million as compared to SAR 214 million in corresponding period of last year, an increase of 42% and compared to SAR 247 million for the three months ended in 30 June 2017 an increase of 22.7 % .
Total shareholders' equity ( Excluding minority rights) as at 30 September 2017 is SAR 7.6 billion compared to SAR 6.9 billion for same period of last year, an increase of 10%.