Umm Al-Qura Cement Co. announces its Interim Financial Results for the Period Ending on 30-9-2021 ( Nine Months )

Oct 27, 2021

ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE
Sales/Revenue 56,955,601 87,606,540 -34.987 63,895,004 -10.86
Gross Profit (Loss) 22,401,282 41,615,456 -46.17 27,949,106 -19.849
Operational Profit (Loss) 19,107,186 38,544,511 -50.428 24,446,338 -21.84
Net Profit (Loss) after Zakat and Tax 12,473,700 31,911,100 -60.911 18,414,374 -32.261
Total Comprehensive Income 12,748,200 31,835,462 -59.955 18,283,033 -30.273
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LIST CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR %CHANGE
Sales/Revenue 211,256,897 246,618,151 -14.338
Gross Profit (Loss) 91,210,162 120,171,829 -24.1
Operational Profit (Loss) 81,374,908 111,071,484 -26.736
Net Profit (Loss) after Zakat and Tax 61,925,026 91,399,447 -32.247
Total Comprehensive Income 62,068,185 90,875,896 -31.7
Total Share Holders Equity (after Deducting Minority Equity) 732,957,659 694,153,772 5.59
Profit (Loss) per Share 1.13 1.66
All figures are in (Actual) Saudi Arabia, Riyals
ACCUMULATED LOSSES CAPITAL PERCENTAGE %
0 550,000,000 0
All figures are in (Actual) 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 decrease in net profit during the current quarter of 2021 AD compared with the same quarter of the previous year is due to the decrease in the amount and value of sales for the current quarter compared to the same quarter of the previous year. and the increase in selling and marketing expenses, general and administrative expenses and Zakat expense for the current quarter compared to In the same quarter of the previous year, despite the decrease in financing costs during the current quarter compared to the same quarter of the previous year.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The main reason for the decrease in net profit for the current quarter compared to the previous quarter is due to the decrease in the amount and value of sales for the current quarter compared to the previous quarter, and the increase in financing costs for the current quarter compared to the previous quarter, despite the decrease in general and administrative expenses for the current quarter compared to the previous quarter.
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 decrease in net profit for the current period compared to the same period of the previous year is due to:

Decreased in the amount and value of sales for the current period compared to the same period of the previous year.

– Increase in selling and marketing expenses, general and administrative expenses and zakat expense for the current period compared to the same period of the previous year and a decrease in other revenues for the current period compared to the same period of the previous year, despite the decrease in financing costs for the current period compared to the same period of the previous year
Statement of the type of external auditor’s report Unmodified conclusion
Reclassification of Comparison Items N/A