3010 · 16/07/2013 16:17:02 · Announcement #31612 · View on Saudi Exchange

Arabian Cement Co announces the interim financial results for the period ending on 30-06-2013 (Six Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
124.7
71.9
73.44
157.3
-
Gross profit (loss)
138.1
173.2
-
168.2
-
Operational profit (loss)
112.7
75.6
49.07
157.6
-
All figures are in (Millions) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss)
282
218.1
29.3
Gross profit (loss)
306
348
-
Operational profit (loss)
270.2
227.3
18.87
Earning or loss per share, Riyals
3.52
2.73
-
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year Decrease in operating expenses mainly impairment loss and the increase in other income
Reasons of increase (decrease) for period compared with same period last year Decrease in operating expenses mainly impairment loss and the increase in other income
Reasons of increase (decrease) for quarter compared with previous quarter increase in cost of goods sold as a result of scheduled plant shutdowns
Reclassifications in quarterly financial results The company had restated the financial statements presentation of some items for the period ended 30/06/2012 to be consistent with the classification used for the same period this year

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