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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

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