| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
88,771,428
|
140,525,360
|
-
|
70,408,922
|
26.08
|
| Gross profit (loss) |
96,002,848
|
159,015,264
|
-
|
84,456,090
|
13.67
|
| Operational profit (loss) |
86,562,597
|
152,349,428
|
-
|
78,333,509
|
10.51
|
| All figures are in Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
409,842,587
|
586,435,360
|
- |
| Gross profit (loss) |
446,871,370
|
629,679,192
|
- |
| Operational profit (loss) |
417,950,340
|
601,389,438
|
- |
| Earning or loss per share, Riyals |
4.55
|
6.52
|
- |
| All figures are in Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Decline in sales value and volume driven by lower demand of cement, in addition to increase in cost of goods sold due to increase in power and fuel prices, despite increase in other income |
| Reasons of increase (decrease) for period compared with same period last year | Decline in sales value and volume driven by lower demand of cement, in addition to increase in cost of goods sold due to increase in power and fuel prices, despite increase in other income. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in sales value and volume driven by seasonal reasons in previous quarter (Hajj / Eid al-Adha), and increase in other income, despite increase in cost of goods sold, General & admin expense and selling & marketing expenses. |
| Reclassifications in quarterly financial results | Some corresponding figures of the twelve months 2015 have been reclassified to be in line with the corresponding figures of the twelve months 2016. |
| Other notes | Total sales / revenue during the current quarter amounted to 185,329,504 SAR, compared 266,797,196 SAR for the corresponding quarter of the previous year, with decrease of 30.5%, Total Sales During current period amounted 852,044,289 SAR againest amount of 1,023,897,119 SAR for same period year 2015 with decrease 16.8%, Total shareholders equity (Minority interests are not available) amouted 1,796,651,989 SAR by end of December 2016 aganiest amount of 1,883,589,403 SAR as of end of December 2015 with decrease 4.62%. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.