| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
225.6
|
195.3
|
15.51
|
153.5
|
46.97
|
| Gross profit (loss) |
222.3
|
234.2
|
-
|
190.9
|
16.45
|
| Operational profit (loss) |
205.7
|
215.1
|
-
|
172.9
|
18.97
|
| Earning or loss per share, Riyals |
2.26
|
1.95
|
-
|
-
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Mainly due to : 1 ) Increase in net other income as a result of receiving insurance claim amounts to SR 17m for business interruption related to cement mill number 3 fire accident occurred in year 2012 2) Goodwill write-off during same quarter previous year for an amount of SR 15m in relation to an associate company in Jordan |
| Reasons of increase (decrease) for quarter compared with previous quarter | Mainly due to 1 ) Decrease in cost of sales by SR 41.7m as a result of zero consumption of outsourced clinker compared to previous quarter 2) Declared dividends of SR 7.5m from investment in available for sale security 3) Increase in net other income as a result of receiving insurance claim amounts to SR 17m for business interruption related to cement mill number 3 fire accident occurred in year 2012 4) Decrease in zakat expense by SR 7.5m compared to last quarter |
| Reclassifications in quarterly financial results | The company had reclassified some items with respect to interim consolidated financial statements for the period ended 31/03/2015 to be consistent with the presentation used for the same period this year, also the company had restated the results of the fourth quarter of previous year to match final audited financial statements instead of interim limited review for year 2015 |
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