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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.

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