3080 · 07/03/2021 15:24:25 · Announcement #62142 · View on Saudi Exchange

Eastern Province Cement Co. announces its Annual Financial Results for the Period Ending on 2020-12-31

Element ListCurrent YearPrevious Year%Change
Sales/Revenue 7427291.783
Gross Profit (Loss) 26021819.266
Operational Profit (Loss) 20716128.571
Net Profit (Loss) after Zakat and Tax 21718119.889
Total Comprehensive Income 251274-8.394
Total Share Holders Equity (after Deducting Minority Equity) 2,5332,4125.016
Profit (Loss) per Share 2.532.1
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The reason for the increase is due to:

Increase in quantity and value of cement sales.

Decrease in cost of sales.

Decrease in administrative and general expenses.

Increase in the company's share of the results of an associate and other revenue. Statement of the type of external auditor's report Unmodified opinion Reclassification of Comparison Items Some of the same last year period comparative figures were reclassified to comply with the current period comparative figures.

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