Tabuk Cement Co. announces its Quarterly financial results for the period ending on 31-03-2021 (Three Months)

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	76.96	75.42	2.041	79.56	-3.267
Gross Profit (Loss)	17.94	17.53	2.338	21.33	-15.893
Operational Profit (Loss)	11.06	11.55	-4.242	14.9	-25.771
Net Profit (Loss) after Zakat and Tax	7.05	28.91	-75.613	12.66	-44.312
Total Comprehensive Income	7.05	28.91	-75.613	22.62	-68.832
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	1,256.07	1,216.41	3.26
Profit (Loss) per Share	0.08	0.32
All figures are in (Millions) Saudi Arabia, Riyals

	Accumulated Losses	Capital	Percentage %
	0	900,000,000	0
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Reason for decrease in net profit for the current quarter compared to the same quarter of the previous year is due to:

1. Making gain on adjust cash flow to financial liability for the previous year quarter in the amount of SAR 22.758.671 compared to the current quarter.

2. The effect of amortizing the cash flow adjustment gains of a financial liability (loan) for the current quarter in the amount of SAR 1.582.561 compared to the same quarter of the previous year.

3.Increase in selling, marketing, and general and administrative expenses for the current quarter in the amount of SAR 905.765 compared to the same quarter of the previous year.The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is Reason for decrease in net profit for the current quarter compared to the previous quarter is due to:

1. Making gains from selling lands in the amount of SAR 7.679.759 in the previous quarter compared to the current quarter.

2. The effect of amortizing the cash flow adjustment gains of a financial liability (loan) for the current quarter in the amount of SAR 1.582.561 compared to the previous quarter.

3. Increase in selling, marketing, and general and administrative expenses for the current quarter in the amount of SAR 451.778 compared to the previous quarter.Statement of the type of external auditor's report Unmodified conclusionModification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion NonReclassification of Comparison Items NonAdditional Information Non

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