| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
94
|
249
|
-
|
165
|
-
|
| Gross profit (loss) |
121
|
282
|
-
|
191
|
-
|
| Operational profit (loss) |
99
|
257
|
-
|
168
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
259
|
512
|
- |
| Gross profit (loss) |
312
|
578
|
- |
| Operational profit (loss) |
267
|
529
|
- |
| Earning or loss per share, Riyals |
1.69
|
3.35
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The reason of decrease in net profit is due to the decrease in sales quantities and value as a result of decrease in local demand on cement, decrease in share in net results of associates companies and decrease in other income. |
| Reasons of increase (decrease) for period compared with same period last year | The reason of decrease in net profit is due to the decrease in sales quantities and value as a result of decrease in local demand on cement. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The reason of decrease in net profit is due to the decrease in sales quantities and value as a result of decrease in local demand on cement, decrease in other income and increase in Islamic financial charges. |
| Reclassifications in quarterly financial results | Comparative previous period figures were re-computed and reclassified to comply with current period presentation which was prepared based on IFRS. |
| Other notes | Total sales for current quarter was SR 269.5 Million compared with SR 498.8 Million for the same quarter of last year, a decrease of 46%.Total sales for current period was SR 615.8 Million compared with SR 1005.7 Million for the same period of last year, a decrease of 38.8% . Total Comprehensive Income for the current quarter was 94 Million compared with 249 Million for the same quarter of last year, decrease of 62.25% and compared with last quarter comprehensive income of SR 165 Million, decrease of 43.03%. Total Comprehensive Income for the current period was 259 Million compared with 512 Million for the same period of last year, decrease of 49.41%. Total Shareholder Equity ( no Minority Interest) for current period is SR 2,683 Million compared with SR 2,792 Million for the same period of last year, decrease of 3.9%. |
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