1439/08/10 Thu 26 Apr 2018 15:32:12
| ELEMENT | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CHANGE CURRENT | PREVIOUS QUARTER | % CHANGE PREVIOUS |
| Net profit (loss) : | 142.2 | 164.7 | 13.66- | 107.5 | 32.28 |
| Gross profit (loss) : | 169.3 | 191.2 | 11.45- | 140.9 | 20.16 |
| Operational profit (loss) : | 148.5 | 168.3 | 11.76- | 112.4 | 32.12 |
| Earning or loss per share, Riyals : | 0.93 | 1.08 | — | — | — |
All figures are in (Millions) Saudi Arabia, Riyals
| ELEMENT | EXPLAINATION |
| Reasons of increase (decrease) for quarter compared with same quarter last year : | The reasons for the decrease of current quarter net profit compared with last year quarter are, decrease in sales, increase in cost of sales per ton of cement sold, as a result of reducing production, in addition to increase in Islamic financial charges, decrease in other income and decrease in share in net results of associates companies. |
| Reasons of increase (decrease) for quarter compared with previous quarter : | The reasons for the increase of current quarter net profit compared with previous quarter are, increase in sales, decrease in cost of sales per ton of cement sold, as a result of increasing production, in addition to decrease in general and administrative expenses and increase in share in net results of associates companies. |
| Other notes : | Total sales for the current quarter was SR 330.5 Million compared with SR 346.4 Million for the same quarter of last year, decrease of 4.6% and compared with last quarter sales of SR 318.5 Million, increase of 3.8%. Total Comprehensive Income for the current quarter was SR 142.2 Million compared with SR 164.7 Million for the same quarter of last year, decrease of 13.7% and compared with last quarter comprehensive income of SR 107.3 Million, increase of 32.5%. Total Shareholder Equity (no Minority Interest) at end of the current period was SR 3,020.1 Million compared with SR 3,354.3 Million at end of the same period of last year, decrease of 10%. |
Click here to review the announcement in Tadawul’s Website.