3040 · 27/04/2022 15:43:11 · Announcement #67978 · View on Saudi Exchange

QASSIM CEMENT COMPANY ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 31 MARCH 2022 (THREE MONTHS)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 142,490,008223,350,513-36.203131,326,8178.5
Gross Profit (Loss) 27,373,677112,396,496-75.6457,203,046280.029
Operational Profit (Loss) 18,854,852103,988,656-81.8684,416,965326.873
Net Profit (Loss) after Zakat and Tax 25,084,816100,872,965-75.13233,831,652-25.854
Total Comprehensive Income 25,084,816100,872,965-75.13234,050,098-26.329
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 1,706,657,7881,801,961,194-5.288
Profit (Loss) per Share 0.281.12
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The decrease in net income during the current quarter compared with the previous quarter due to the increase in general and administrative expenses and the decrease in other income. Despite the enhancement in sales value.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The decrease in net income during the current period compared with the same period of the previous year is due to the decrease in the sales value and volume.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Some comparative figures have been reclassified to tally with the current presentation.

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