Saudi Ceramic Co. — Earnings Release 2015

Feb 18, 2015

Saudi Ceramic Co. announces the annual financial results for the period ending on 31-12-2014

2040 · 18/02/2015 15:50:29 · Announcement #37171 · View on Saudi Exchange

Saudi Ceramic Co. announces the annual financial results for the period ending on 31-12-2014

Element	Current year	Previous year	% Change
Net profit (loss)	310	309	0.32
Earning or loss per share, Riyals	8.27	8.25	-
Gross profit (loss)	564	579	-2.59
Operational profit (loss)	281	331	-15.11

*All figures are in (Millions) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of annual financial results	Reasons of increase in net income for the period compared with the same period of last year are due to increase in other income, decrease in financial charges and decrease in Zakat provision.
Reclassifications in annual financial results	Certain prior period 2013 figures have been re-classified to conform to the presentation in the current period 2014.

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