Monday, 25th July 2016

Saudi Cement Company. announces the interim financial results for the period ending on 30-06-2016 (Six Months).

2016-07-25 (1437/10/20)      15:50:00

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS
Net profit (loss) 249 254 -1.97 265 -6.04
Gross profit (loss) 282 284 -0.7 296 -4.73
Operational profit (loss) 257 258 -0.39 274 -6.2

 

All figures are in (Millions) Saudi Arabia, Riyals

 

ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE
Net profit (loss) 514 557 -7.72
Gross profit (loss) 578 623 -7.22
Operational profit (loss) 531 569 -6.68
Earning or loss per share, Riyals 3.36 3.64

 

ELEMENT EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year : decrease in sales, increase in Cost of sales due to increase in Power Prices and Decrease in other Income.
Reasons of increase (decrease) for period compared with same period last year : decrease in sales, increase in Cost of sales due to increase in Power Prices and Decrease in other Income.
Reasons of increase (decrease) for quarter compared with previous quarter : decrease in sales, increase in Cost of sales, increase in general and administration expenses and Selling and Distribution Expenses.

 

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