3091 · 23/02/2017 15:15:31 · Announcement #45709 · View on Saudi Exchange

AL JOUF CEMENT COMPANY announces the annual financial results for the period ending on 31-12-2016

Element Current year Previous year % Change
Net profit (loss)
72,067,712
76,337,288
-5.59
Earning or loss per share, Riyals
0.55
0.59
-
Gross profit (loss)
108,231,377
122,018,966
-11.3
Operational profit (loss)
78,695,470
88,782,498
-11.36

*All figures are in Saudi Arabia, Riyals

Element EXPLAINATION
Reasons of annual financial results Decrease in the average sales price, and increase in fuel prices, despite Increase in the quantity of sales, also despite decrease in the general expenses and Zakat expenses, and increase in the other income
Reclassifications in annual financial results Certain reclassifications were made in comparative numbers to conform to the current period
Other notes 1. Total gross sales for the current period are SAR 319.9 Million, compared to SAR 336.3 Million for the same period of previous year, a decline of 4.9%. 2. Total shareholders equity (There are no Minority Interests) for the current period SAR 1,592.0 Million, compared to SAR 1,519.1 Million for the same period of previous year, an increase of 4.8%

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