Riyadh Cement Co. — Interim / Quarterly Report 2020

Sep 8, 2020

Saudi White Cement Co. announces its Interim Financial Results for the Period Ending on 2020-06-30 ( Six Months )

3092 · 08/09/2020 16:01:41 · Announcement #60335 · View on Saudi Exchange

Saudi White Cement Co. announces its Interim Financial Results for the Period Ending on 2020-06-30 ( Six Months )

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	298,877	266,900	11.98
Gross Profit (Loss)	135,046	88,575	52.465
Operational Profit (Loss)	125,048	77,190	62
Net Profit (Loss) after Zakat and Tax	121,328	72,126	68.216
Total Comprehensive Income	118,169	72,126	63.836
Total Share Holders Equity (after Deducting Minority Equity)	1,710,862	1,742,694	-1.826
Profit (Loss) per Share	1.01	0.6
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to	Increase of net income for the period due to:

Increase Revenue, Decrease G&A and Financing Expenses, despite of increase at Zakat provisionBasis of the External Auditor's Opinion Unmodified opinionReclassification of Comparison Items N/A

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