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Yanbu Cement Co. — Earnings Release 2020
Feb 14, 2021
53350_rns_2021-02-14_efee3862-5142-49a6-a157-303adc016390.html
Earnings Release
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Yanbu Cement Co. announces its Annual Financial Results for the Period Ending on 2020-12-31
3060 · 14/02/2021 09:07:32 · Announcement #61922 · View on Saudi Exchange
Yanbu Cement Co. announces its Annual Financial Results for the Period Ending on 2020-12-31
| Element List | Current Year | Previous Year | %Change |
|---|---|---|---|
| Sales/Revenue | 939.99 | 975.74 | -3.663 |
| Gross Profit (Loss) | 341.78 | 334.8 | 2.084 |
| Operational Profit (Loss) | 300.64 | 281.09 | 6.955 |
| Net Profit (Loss) after Zakat and Tax | 281.02 | 257.82 | 8.998 |
| Total Comprehensive Income | 275.78 | 260 | 6.069 |
| Total Share Holders Equity (after Deducting Minority Equity) | 2,996.54 | 3,272.01 | -8.418 |
| Profit (Loss) per Share | 1.78 | 1.64 | |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The main reasons for the increase in the net profit of the current period compared to the same period of the previous year are: |
1. Decrease in General, Administration & Finance Expenses
2. Increase in Other revenues Statement of the type of external auditor's report Unmodified opinion Reclassification of Comparison Items --
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.