Sunday, 01st May 2022

Saudi Cement Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months ).

 

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 315.1 429.1 -26.567 327.5 -3.786
Gross Profit (Loss) 100.7 173.6 -41.993 109 -7.614
Operational Profit (Loss) 60.1 124.7 -51.804 64.9 -7.395
Net Profit (Loss) after Zakat and Tax 61.1 119.4 -48.827 67.4 -9.347
Total Comprehensive Income 61.1 119.4 -48.827 54.8 11.496
All figures are in (Millions) Saudi Arabia, Riyals

 

Element List Current Period Similar period for previous year %Change
Total Share Holders Equity (after Deducting Minority Equity) 2,494.4 2,771.5 -9.998
Profit (Loss) per Share 0.4 0.78
All figures are in (Millions) 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 decrease of current quarter’s net profit compared with same quarter of last year is attributed to the decrease in quantities and value of sales and the increase in the general and administrative expenses, in spite of the increase in share in net results of associates, increase in other income, decrease in selling and distribution expenses, decrease in finance charges and the decrease in zakat.
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 decrease of current quarter’s net profit compared with previous quarter is attributed to the decrease in quantities and value of sales, increase in the general and administrative expenses and the decrease in other income, in spite of the increase in share in net results of associates, decrease in selling and distribution expenses, decrease in finance charges and the decrease in zakat.
Statement of the type of external auditor’s report Unmodified conclusion
Reclassification of Comparison Items N/A
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