Yamama Cement Co. — Earnings Release 2014

Jan 5, 2014

YAMAMA CEMENT CO. ANNOUNCES ANNUAL ESTIMATED FINANCIAL RESULTS FOR THE PERIOD ENDED 31-12-2013 (12 MONTHS)

3020 · 05/01/2014 09:04:26 · Announcement #32770 · View on Saudi Exchange

YAMAMA CEMENT CO. ANNOUNCES ANNUAL ESTIMATED FINANCIAL RESULTS FOR THE PERIOD ENDED 31-12-2013 (12 MONTHS)

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss)	178	174	2.3	148	20.27
Gross profit (loss)	165	213	-	154	7.14
Operational profit (loss)	152	198	-	141	7.8
All figures are in (Millions) Saudi Arabia, Riyals

Element	Current period	Similar period for previous year	% Change
Net profit (loss)	870	818	6.36
Gross profit (loss)	881	914	-
Operational profit (loss)	829	863	-
Earning or loss per share, Riyals	4.3	4.04	-
All figures are in (Millions) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year	The main reasons for increase : 1 - Decrease Zakat provision for this period compared to the same prior period. 2 -Government subsidy for imported clinker.
Reasons of increase (decrease) for period compared with same period last year	The main reasons for increase:- 1- Increase other revenue from the sales some shares owned companies and increase yield from Murabaha and Islamic investments funds. 2 - Decrease Zakat provision for this period compared to the same prior period. 3 - Government subsidy for imported clinker. Notes be informed the provision for impairment of investment in the Yemen Saudi cement CO .has been Increased for the 2013 by 15 M SAR
Reasons of increase (decrease) for quarter compared with previous quarter	The main reasons for increase:-1 - Increase the sold quantities.2 - Decrease Zakat provision for this period compared to the same prior period.3 - Government subsidy for imported clinker

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