Saudi Cement Co. — Interim / Quarterly Report 2021

May 3, 2021

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

3030 · 03/05/2021 15:30:32 · Announcement #63199 · View on Saudi Exchange

Saudi 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	429.1	450.4	-4.729	435	-1.356
Gross Profit (Loss)	173.6	202.8	-14.398	176.8	-1.809
Operational Profit (Loss)	124.7	157.8	-20.975	124.4	0.241
Net Profit (Loss) after Zakat and Tax	119.4	148.5	-19.595	124.1	-3.787
Total Comprehensive Income	119.4	148.5	-19.595	124.1	-3.787
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)	2,771.5	2,878.2	-3.707
Profit (Loss) per Share	0.97	0.78
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 decrease of current quarter net profit compared with same quarter of last year is attributed to the decrease in sales, increase in selling and distribution expenses and decrease in other income, in spite of the decrease in financial charges and the increase in share in net results of associates.
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 decrease of current quarter net profit compared with previous quarter is attributed to the decrease in sales, decrease in other income and the decrease in share in net results of associates, in spite of the decrease in selling and distribution expenses, decrease in general and administrative expenses and the decrease in financial charges.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	N/A

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