Thursday, 07th November 2024

Saudi Cement Co. announces its Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months ).

 

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 387.1 315 22.888 378.1 2.38
Gross Profit (Loss) 154.3 114.4 34.877 144 7.152
Operational Profit (Loss) 98 60.7 61.449 84.1 16.527
Net profit (Loss) 100.2 68.3 46.705 87.3 14.776
Total Comprehensive Income 100.2 68.3 46.705 87.3 14.776
All figures are in (Millions) Saudi Arabia, Riyals

 

Element List Current Period Similar period for previous year %Change
Sales/Revenue 1,191.8 1,080.9 10.259
Gross Profit (Loss) 473.1 435.3 8.683
Operational Profit (Loss) 301.4 278.2 8.339
Net profit (Loss) 301.3 277.2 8.694
Total Comprehensive Income 301.3 277.2 8.694
Total Shareholders Equity (after Deducting Minority Equity) 2,116.3 2,072.9 2.093
Profit (Loss) per Share 1.97 1.81  
All figures are in (Millions) Saudi Arabia, Riyals

 

Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value
All figures are in (Millions) Saudi Arabia, Riyals

 

Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason of the increase in sales revenue for current quarter compared with the same quarter of last year is attributed to the increase in total quantities sold and the increase in average selling prices.
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 of the increase in net profit for current quarter compared to the same quarter of last year is attributed to the increase in sales revenue, in spite of the increase in selling and distribution expenses, decrease in other revenues and decrease in share of profit of investment in an associate.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the increase in the sales revenue for current quarter compared to the previous quarter is attributed to the increase in total value and quantities sold.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason of the increase in net profit for current quarter compared to the previous quarter is attributed to the increase in sales revenue, decrease in selling and distribution expenses and the increase in other revenues, increase in share of profit of investment in an associate, in spite of the increase in finance charges.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The reason of the increase in sales revenue during the current period compared to the same period of the last year is attributed to the increase in total quantities sold and the increase in average selling prices.
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 of increase in the net profit during the current period compared to the same period of the last year is attributed to the increase in sales revenue, increase in other revenues, increase in share of profit of investment in an associate, in spite of the increase in selling and distribution expenses, and the decrease in gain on sale of investment related to the subsidiary.
Statement of the type of external auditor’s report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NA
Reclassification of Comparison Items None.
Additional Information None.

 

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