Saudi Cement Co. — Earnings Release 2018

Feb 25, 2019

Saudi Cement Co. announces its Annual financial results for the period ending on 2018-12-31

3030 · 25/02/2019 08:00:03 · Announcement #53555 · View on Saudi Exchange

Saudi Cement Co. announces its Annual financial results for the period ending on 2018-12-31

Element List	Current Year	Previous Year	%Change
Sales/Revenue	1,119.6	1,184.5	-5.479
Total Profit (Loss)	538	568.8	-5.414
Profit (Loss) Operational	416.8	473.5	-11.974
Net Profit (Loss) after Zakat and Tax	400.5	453.4	-11.667
Total Comprehensive Income	406.5	453.3	-10.324
Total Share Holders Equity (after deducting minority equity)	2,787.1	2,877.9	-3.155
Profit (Loss) per Share	2.62	2.96
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
Reason for increase (decrease) in net profit for current year compared to last year	The reasons for the decrease of current year net profit compared with last year are, decrease in local sales, in addition to increase in selling and distribution expenses, increase in Islamic financing charges, and decrease in share in net results of associates.
Type of the external auditor's opinion	Unmodified opinion

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