Thursday, 15th October 2015
Saudi Cement Company announces the interim financial results for the period ending on 30-09-2015 (nine months).
2015-10-15 (1437-01-02 ) 16:12:01
| ELEMENT | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CHANGE CURRENT | PREVIOUS QUARTER | % CHANGE PREVIOUS |
|---|---|---|---|---|---|
| NET PROFIT (LOSS) | 208 | 232 | -10.34 | 254 | -18.11 |
| GROSS PROFIT (LOSS) | 233 | 264 | -11.74 | 284 | -17.96 |
| OPERATIONAL PROFIT (LOSS) | 210 | 237 | -11.39 | 258 | -18.6 |
| ELEMENT | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | % CHANGE |
|---|---|---|---|
| NET PROFIT (LOSS) | 764 | 806 | -5.21 |
| GROSS PROFIT (LOSS) | 856 | 913 | -6.24 |
| OPERATIONAL PROFIT (LOSS) | 779 | 837 | -6.93 |
| EARNING OR LOSS PER SHARE, RIYALS | 5 | 5.27 | – |
| All figures are in (Millions) Saudi Arabia, Riyals |
|---|
| ELEMENT | EXPLAINATION |
|---|---|
| REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR | Decrease of sales |
| REASONS OF INCREASE (DECREASE) FOR PERIOD COMPARED WITH SAME PERIOD LAST YEAR | Decrease of local sales |
| REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER | Decrease of sales |
| RECLASSIFICATIONS IN QUARTERLY FINANCIAL RESULTS | some last year period and quarter comparatives have been reclassified to confirm with the presentation of current period and quarter. |
| OTHER NOTES | Computation of earnings per share from main operations has been changed by excluding deduction of financial charges and zakat from income from main operations |