Najran Cement Co. — Earnings Release 2019

Feb 24, 2020

Najran Cement Company announces the annual financial results for the period ending on 2019/12/31

3002 · 24/02/2020 16:00:46 · Announcement #57623 · View on Saudi Exchange

Najran Cement Company announces the annual financial results for the period ending on 2019/12/31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	416,406	278,413	49.564
Gross Profit (Loss)	118,452	-13,953	-
Operational Profit (Loss)	84,175	-49,216	-
Net Profit (Loss) after Zakat and Tax	53,515	-83,500	-
Total Comprehensive Income	52,911	-81,607	-
Total Share Holders Equity (after Deducting Minority Equity)	1,983,539	1,933,628	2.581
Profit (Loss) per Share	0.31	-0.49
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
Increase (Decrease) in Net Profit for Current Year Compared to Last Year is Attributed to	The reason for making a net profit in current year compared to a net loss in previous year is mainly due to an increase in sales volume complemented by an improvement in average sales price, and a decrease in cost of sales per ton .
Basis of the External Auditor's Opinion	Unmodified opinion
Reclassification of Comparison Items	N/A

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