Arabian Cement Co. — Interim / Quarterly Report 2021

Aug 16, 2021

Arabian Cement Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

3010 · 16/08/2021 08:14:08 · Announcement #64555 · View on Saudi Exchange

Arabian Cement Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	233	139.6	66.905	321.5	-27.527
Gross Profit (Loss)	63	31	103.225	104.1	-39.481
Operational Profit (Loss)	37.6	14.9	152.348	78.3	-51.979
Net Profit (Loss) after Zakat and Tax	33.5	7.6	340.789	67	-50
Total Comprehensive Income	33.3	6.8	389.705	76.3	-56.356
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	554.5	344.2	61.098
Gross Profit (Loss)	167.1	102.9	62.39
Operational Profit (Loss)	116	71.9	61.335
Net Profit (Loss) after Zakat and Tax	100.5	52.7	90.702
Total Comprehensive Income	109.7	29.5	271.864
Total Share Holders Equity (after Deducting Minority Equity)	2,893.9	2,814.2	2.832
Profit (Loss) per Share	1	0.53
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reasons for the increase in the net profit of the current period compared to the same period of the previous year are: increase in the volume and value of sales in Arabian Cement and the subsidary in Jordan despite the decrease of average sale price and increase of marketing expenses due to increase of export volume.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is	The reasons for the decrease in the net profit of the current period compared to the previous period of the previous year are: decrease in the volume and value of sales in Arabian Cement as result of Ramadan and Eid Al-Fitr and decrease of value of sales in the subsidary in Jordan. despite the increase in dividends distribution from investment.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The reasons for the increase in the net profit of the current period compared to the same period of the previous year are: increase in the volume and value of sales in Arabian Cement and the subsidary in Jordan despite the decrease of average sale price and increase of marketing expenses due to increase of export volume.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	N/A

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