2040 · 18/01/2015 08:18:47 · Announcement #36682 · View on Saudi Exchange

Saudi Ceramic Co. announces the interim financial results for the period ending on 31-12-2014 (Twelve Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
59,829
73,253
-
78,884
-
Gross profit (loss)
126,488
136,479
-
131,816
-
Operational profit (loss)
57,347
73,614
-
56,035
2.34
All figures are in (Thousands) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss)
310,222
309,443
0.25
Gross profit (loss)
563,964
579,056
-
Operational profit (loss)
280,709
331,062
-
Earning or loss per share, Riyals
8.27
8.25
-
All figures are in (Thousands) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year Reasons of (decrease) in net income for the current quarter compared with the same quarter of last year are due to decrease in gross profit , increase in selling & marketing expenses, increase in general & administrative expenses and increase in Zakat provision, accompanied with favorable increase in other income.
Reasons of increase (decrease) for period compared with same period last year 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.
Reasons of increase (decrease) for quarter compared with previous quarter Reasons of (decrease) in net income for the current quarter compared with the previous quarter are due to decrease in gross profit, decrease in other revenues, accompanied with favorable decrease in selling & marketing expenses.

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