4142 · 05/08/2024 08:17:17 · Announcement #81731 · View on Saudi Exchange

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

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 2,046,1451,917,5266.7072,031,5460.718
Gross Profit (Loss) 269,573236,70713.884283,202-4.812
Operational Profit (Loss) 200,670163,17222.98208,295-3.66
Net profit (Loss) 159,383126,93925.558168,994-5.687
Total Comprehensive Income 190,34688,348115.45186,4862.069
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 4,077,6913,854,8025.782
Gross Profit (Loss) 552,774455,44321.37
Operational Profit (Loss) 408,965318,66728.336
Net profit (Loss) 328,378251,83030.396
Total Comprehensive Income 376,831235,38860.089
Total Shareholders Equity (after Deducting Minority Equity) 2,404,2652,246,7447.011
Profit (Loss) per Share 2.21.68
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value -2,490-0.002
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
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 reason of the increase in the sales/ revenues due to the increase in the volume of quantities sold
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 increase in net profit is mainly driven by the increase in sales/revenue coupled with product mix
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason of the increase in the sales/ revenues due to product mix
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The decrease in net profit is mainly driven by the decrease in the volume of quantities sold
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 reason of the increase in the revenues due to the increase in the volume of quantities sold coupled with product mix
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 increase in net profit is mainly driven by the increase in sales/revenue coupled with product mix
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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