Riyadh Cement Co. announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	163,653,286	154,737,262	5.762	188,892,735	-13.361
Gross Profit (Loss)	79,338,271	65,421,580	21.272	76,755,873	3.364
Operational Profit (Loss)	69,227,553	57,129,262	21.177	71,565,419	-3.266
Net profit (Loss)	64,424,825	53,289,844	20.895	70,103,218	-8.1
Total Comprehensive Income	64,424,825	53,289,844	20.895	70,103,218	-8.1
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	352,546,021	344,751,708	2.26
Gross Profit (Loss)	156,094,144	151,923,813	2.745
Operational Profit (Loss)	140,792,972	133,747,443	5.267
Net profit (Loss)	134,528,043	126,647,643	6.222
Total Comprehensive Income	134,528,043	126,647,643	6.222
Total Shareholders Equity (after Deducting Minority Equity)	1,724,295,864	1,679,767,821	2.65
Profit (Loss) per Share	1.12	1.06
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The main reason is the increase in selling prices despite the decrease in sales quantities.
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 main reason of increase net profit due to increase of total sales, despite the increase in zakat expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The main reason for the decrease in sales in the current quarter compared to the previous quarter is the decline in the quantity and value of sales due to the overlap with the holy month of Ramadan and the holidays of Eid al-Fitr and Eid al-Adha.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The main reason for the decrease in net profit in the current quarter compared to the previous quarter of the current year is: the decline in the quantity and value of sales due to the overlap with the holy month of Ramadan and the holidays of Eid al-Fitr and Eid al-Adha, as well as the increase in zakat expenses. Additionally, there was a rise in other revenues during the previous quarter.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The main reason for the increase in sales in the current period is the increase of sales pries despite the decrease in sales quantities."
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The main reason for the increase in net profit during the current period is the increase of sales pries and other revenues, despite the increase in Zakat expenses.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	N/A
Reclassification of Comparison Items	N/A
Additional Information	N/A

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