Tuesday, 14th April 2015
Saudi Cement Company announces the interim financial results for the period ending on 31-03-2015 (three months).
2015-04-14 (1436-06-25 ) 15:45:58
| ELEMENT | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CHANGE CURRENT | PREVIOUS QUARTER | % CHANGE PREVIOUS |
|---|---|---|---|---|---|
| NET PROFIT (LOSS) | 303 | 286 | 5.94 | 268 | 13.06 |
| GROSS PROFIT (LOSS) | 339 | 326 | 3.99 | 316 | 7.28 |
| OPERATIONAL PROFIT (LOSS) | 310 | 304 | 1.97 | 287 | 8.01 |
| EARNING OR LOSS PER SHARE, RIYALS | 1.98 | 1.87 | – | – | – |
| All figures are in (Millions) Saudi Arabia, Riyals |
|---|
| ELEMENT | EXPLAINATION |
|---|---|
| REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR | Increase in sales due to increasing exports as well as increase in share of associated companies’ profits and other income . |
| REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER | Increase in sales due to increasing demand as well as decrease in Zakat expenses and increase in other income . |
| OTHER NOTES | Comparative previous quarter figures were re-computed based on previous year audited financial statements figures. |