Arabian Cement Co. — Interim / Quarterly Report 2021

May 6, 2021

Arabian Cement Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

3010 · 06/05/2021 08:04:14 · Announcement #63272 · View on Saudi Exchange

Arabian Cement Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	321.5	204.6	57.135	290.8	10.557
Gross Profit (Loss)	104.1	72	44.583	97	7.319
Operational Profit (Loss)	78.3	57	37.368	69.4	12.824
Net Profit (Loss) after Zakat and Tax	67	45.1	48.558	53.3	25.703
Total Comprehensive Income	76.3	22.7	236.123	91.9	-16.974
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	2,986.7	2,907	2.741
Profit (Loss) per Share	0.67	0.45
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 increase in the net profit of the current period compared to the previous period of the previous year are: increase in the volume and value of sales in Arabian Cement and the decrease of General and Adminsitartion expenses despite the decrease of volume and value of sales in the subsidary in Jordan.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	N/A

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