3020 · 21/04/2014 08:16:30 · Announcement #34326 · View on Saudi Exchange

Yamama Cement Company announces the interim financial results for the period ending on 31-03-2014 (Three Months).

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
175
277
-
178
-
Gross profit (loss)
181
293
-
165
9.7
Operational profit (loss)
169
279
-
152
11.18
Earning or loss per share, Riyals
0.86
1.37
-
-
-
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year The main reasons for decrease :- 1- Decline in the quantity of sales driven by lower demand of cement. 2- Increase cost of goods sold as a result of high cost of imported clinker.
Reasons of increase (decrease) for quarter compared with previous quarter The main reasons for decrease:- 1-Increase cost of goods sold as a result of high cost of imported clinker. 2-Increase Zakat provision for this period compared to the previous period.

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