Saudi Ceramic Co. — Earnings Release 2013

Jul 16, 2013

Saudi Ceramic Co. announces the interim financial results for the period ending on 30-06-2013 (Six Months)

2040 · 16/07/2013 16:51:52 · Announcement #31617 · View on Saudi Exchange

Saudi Ceramic Co. announces the interim financial results for the period ending on 30-06-2013 (Six Months)

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss)	82,181	63,428	29.57	82,208	-
Gross profit (loss)	151,712	121,618	24.74	152,191	-
Operational profit (loss)	89,947	64,491	39.47	91,030	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element	Current period	Similar period for previous year	% Change
Net profit (loss)	164,389	126,034	30.43
Gross profit (loss)	303,903	234,543	29.57
Operational profit (loss)	180,977	126,514	43.05
Earning or loss per share, Riyals	4.38	3.36	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year	Reasons of increase for quarter compared with same quarter last year due to increase in sales quantity and improved profit margin.
Reasons of increase (decrease) for period compared with same period last year	Reasons of increase for period compared with same period last year due to increase in sales quantity and improved profit margin.
Reasons of increase (decrease) for quarter compared with previous quarter	Reason for (decrease) of current quarter compared with previous quarter is increase in cost of sales.

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