2016-04-18 (1437/07/11) 15:58:43
| ELEMENT | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CHANGE CURRENT | PREVIOUS QUARTER | % CHANGE PREVIOUS |
|---|---|---|---|---|---|
| NET PROFIT (LOSS) | 265 | 303 | -12.54 | 176 | 50.57 |
| GROSS PROFIT (LOSS) | 296 | 339 | -12.68 | 280 | 5.71 |
| OPERATIONAL PROFIT (LOSS) | 274 | 310 | -11.61 | 185 | 48.11 |
| Earning or loss per share, Riyals | 1.73 | 1.98 | – | – | – |
| All figures are in (Millions) Saudi Arabia, Riyals |
|---|
| ELEMENT | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year : | Decrease in sales and increase in Power Prices. |
| Reasons of increase (decrease) for quarter compared with previous quarter : | Increase in sales , decrease in general and administrative expenses and selling and distribution expenses, in addition to the impact of the last quarter results by impairment loss of kiln 4&5 at Hofuf Plant and share in net loss of associated companies. |
| Other notes : | Comparative previous quarter figures were re-computed based on previous year audited financial statements figures. |