3091 · 21/01/2016 08:02:11 · Announcement #40931 · View on Saudi Exchange

AL JOUF CEMENT COMPANY announces the interim financial results for the period ending on 31-12-2015 (Twelve Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
7,112,318
20,859,028
-
18,625,489
-
Gross profit (loss)
20,041,845
30,792,428
-
30,778,824
-
Operational profit (loss)
9,664,955
21,385,877
-
22,284,690
-
All figures are in Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss)
78,306,242
60,545,731
29.33
Gross profit (loss)
126,060,241
102,667,877
22.78
Operational profit (loss)
90,582,131
71,505,968
26.68
Earning or loss per share, Riyals
0.6
0.47
-
All figures are in Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year Decrease in the average sales price, Incrase the maintenance expenses during the period, despite the increase in sales quantity during the period
Reasons of increase (decrease) for period compared with same period last year Increase the quantity of sales, decrease in cost of sales, despite a decrease in average sales price, also Increase in profit for Al-Jouf investment company is a subsidiary of Al-Jouf Cement companies
Reasons of increase (decrease) for quarter compared with previous quarter Decrease in average sales price, and Increase the maintenance expenses during the period
Reclassifications in quarterly financial results Certain reclassifications were made in comparative numbers to conform to the current period

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