3002 · 04/08/2021 08:06:07 · Announcement #64359 · View on Saudi Exchange

Najran Cement Company announces the interim financial results for the period ending on 30-06-2021 (Six Months)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 131,578121,4538.336184,431-28.657
Gross Profit (Loss) 46,65950,326-7.28675,390-38.109
Operational Profit (Loss) 35,05140,399-13.23763,856-45.109
Net Profit (Loss) after Zakat and Tax 32,71132,960-0.75560,741-46.146
Total Comprehensive Income 32,71132,960-0.75560,741-46.146
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 316,009277,83313.74
Gross Profit (Loss) 122,049106,75614.325
Operational Profit (Loss) 98,90786,45314.405
Net Profit (Loss) after Zakat and Tax 93,45273,07627.883
Total Comprehensive Income 93,45273,07627.883
Total Share Holders Equity (after Deducting Minority Equity) 2,021,8732,056,619-1.689
Profit (Loss) per Share 0.550.43
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The decrease in net profit for current quarter compared to same quarter of the previous year is attributable to the increase in cost of sales per ton despite the increase in sales and the decrease in finance expenses.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The decrease in net profit for current quarter compared to previous quarter is attributable to cyclical trend of lower cement demand due to Ramadan season and Eid Al Fitr.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The increase in net profit for current year compared to last year is attributable to higher sales and lower finance expenses.
Statement of the type of external auditor's report Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion Not applicable
Reclassification of Comparison Items None

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