City Cement Co. — Earnings Release 2015

Feb 4, 2016

City Cement Co. announces the annual financial results for the period ending on 31-12-2015

3003 · 04/02/2016 08:00:51 · Announcement #41104 · View on Saudi Exchange

City Cement Co. announces the annual financial results for the period ending on 31-12-2015

Element	Current year	Previous year	% Change
Net profit (loss)	241,865	221,752	9.07
Earning or loss per share, Riyals	1.28	1.17	-
Gross profit (loss)	278,272	254,467	9.35
Operational profit (loss)	254,323	232,942	9.18

*All figures are in (Thousands) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of annual financial results	Increase is due to increase in sales although there is an increase in cost of sales, sales expenses, general admin expenses, zakat provision and other expenses
Reclassifications in annual financial results	Comparative figures for the period ended 2014 where reclassified to conform to period ended 2015 classification

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