3040 · 23/04/2019 08:25:39 · Announcement #54507 · View on Saudi Exchange

QASSIM CEMENT COMPANY ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 31-03-2019 (THREE MONTHS)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 153,399,337147,909,7073.711115,403,96532.923
Total Profit (Loss) 64,822,59162,635,1033.49246,160,82740.427
Profit (Loss) Operational 57,138,36654,592,9164.66238,384,10648.859
Net Profit (Loss) after Zakat and Tax 56,015,43357,175,776-2.02939,559,70741.597
Total Comprehensive Income 56,015,43357,175,776-2.02941,492,58335.001
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after deducting minority equity) 1,693,451,8441,729,381,098-2.077
Profit (Loss) per Share 0.620.64
All figures are in (Actual) Saudi Arabia, Riyals
Capital
900,000,000
Element ListExplanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year Decrease in net income for current quarter compared with same quarter for last year due to the increase in other expenses and zakat expense, despite the decrease in average cost of ton of cement sold, increase in sales value and increase in investment return.
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter Increase in net income for current quarter compared with the previous quarter due to the increase in sales value, in addition to decrease in average cost of ton of cement sold, increase in investment return and increase in other income. despite increase in other expenses and zakat expense.
Type of the external auditor's opinion Unmodified opinion
Reclassifications in quarter financial result Some comparative figures have been reclassified to tally with the current presentation.

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