2040 · 26/02/2023 08:48:23 · Announcement #72135 · View on Saudi Exchange

Saudi Ceramic Co. announces its Annual Financial Results for the Period Ending on 2022-12-31

Element ListCurrent YearPrevious Year%Change
Sales/Revenue 1,484,9581,534,770-3.25
Gross Profit (Loss) 452,342528,261-14.37
Operational Profit (Loss) 184,750254,276-27.34
Net Profit (Loss) after Zakat and Tax 173,920233,792-25.61
Total Comprehensive Income 176,571233,147-24.27
Total Share Holders Equity (after Deducting Minority Equity) 1,749,7021,671,7194.66
Profit (Loss) per Share 2.182.93
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The reason for the decrease in net profit during the current year compared to the previous year is the slight decrease in sales in addition to the increase in cost of production inputs, which affected the profit margins. The current year also witnessed an increase in selling and marketing expenses, while there was a decrease in general and administrative expenses and an increase in other income.
Statement of the type of external auditor's report Unmodified opinion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion None
Reclassification of Comparison Items None
Additional Information None

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