| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 49.26 | 49.99 | -1.46 | 76.96 | -35.992 |
| Gross Profit (Loss) | 12.48 | 9.91 | 25.933 | 17.94 | -30.434 |
| Operational Profit (Loss) | 5.99 | 4.65 | 28.817 | 11.06 | -45.84 |
| Net Profit (Loss) after Zakat and Tax | 1.89 | 0.54 | 249.999 | 7.05 | -73.191 |
| Total Comprehensive Income | 2.23 | 0.54 | 312.962 | 7.05 | -68.368 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 126.21 | 125.41 | 0.637 |
| Gross Profit (Loss) | 30.42 | 27.43 | 10.9 |
| Operational Profit (Loss) | 17.05 | 16.21 | 5.181 |
| Net Profit (Loss) after Zakat and Tax | 8.93 | 29.45 | -69.677 |
| Total Comprehensive Income | 9.27 | 29.45 | -68.522 |
| Total Share Holders Equity (after Deducting Minority Equity) | 1,258.3 | 1,249.03 | 0.742 |
| Profit (Loss) per Share | 0.1 | 0.33 | |
| 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 | The reason for the increase in net profit during the current quarter compared to the same quarter of the previous year , despite the increase in selling and general expenses and Zakat expense is due to: |
1. Decrease in cost of sales and production for the current quarter.
2. Decrease in depreciation expenses for the current quarter as a result of a change in the accounting estimate , which is the useful lives of machinery and equipment .
3. Decreased in financial cost for the current quarter .
4. Unrealized profits of SAR 339 thousands riyal were recorded .
1. The decrease in the quantity and value of sales for the current quarter , as well as the decrease in clinker production, led to increase in the cost of sales and production .
2. Sales affected during Ramadan and Eid ALfitr.
1.The previous period was affected by the cash flow adjustment gains for a financial obligation.
2. The current period is affected by the amortization of adjusting the cash flows.
3. Increase in selling and general expenses and zakat expense during the current period , despite the decrease in the cost of sales and financial cost.
2. The estimated udeful lives of machinery and equipment have been change and this has been shown in the financial statements on June 30 , 2021 AD , and as a result of this , the calculation of depreciaion on machinery and equipment has been modified as of January 1 , 2021 AD , and the changes in Accounting Estimates , and the impact of these changes will apear on the current financial statements in which the change accurred and future periods , and as a result of this change , the depreciation expenses decrease by a value of SAR 6.1 million riyals which a ffected and recorded on the financial statements for the current period ending on June 30 , 2021 ad , according to approved accounting standards.
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