| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 54,214,507 | 56,955,601 | -4.81 | 59,483,427 | -8.86 |
| Gross Profit (Loss) | 15,466,252 | 22,401,282 | -30.96 | 17,522,624 | -11.73 |
| Operational Profit (Loss) | 11,583,286 | 19,107,186 | -39.38 | 13,512,812 | -14.28 |
| Net Profit (Loss) after Zakat and Tax | 6,266,293 | 12,473,700 | -49.76 | 8,334,354 | -24.81 |
| Total Comprehensive Income | 6,705,265 | 12,748,200 | -47.4 | 9,104,660 | -26.35 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 179,298,949 | 211,256,897 | -15.13 |
| Gross Profit (Loss) | 56,128,829 | 91,210,162 | -38.46 |
| Operational Profit (Loss) | 44,883,876 | 81,374,908 | -44.84 |
| Net Profit (Loss) after Zakat and Tax | 28,445,289 | 61,925,026 | -54.06 |
| Total Comprehensive Income | 29,679,765 | 62,068,185 | -52.18 |
| Total Share Holders Equity (after Deducting Minority Equity) | 765,005,954 | 732,957,659 | 4.37 |
| Profit (Loss) per Share | 0.52 | 1.13 | |
| 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 2022 compared to the same quarter of the previous year is due to:
The decrease in the value of sales due to the decrease in the average selling price despite the increase in the quantity of sales, In addition to the financial impact of the technical malfunction in one of the components of the cement mill No. (1), In addition to increase in the cost of sales, also increase in selling and marketing expenses, and the general and administrative expenses for the current quarter compared to 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 quarter 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 value of sales due to the decrease in the quantity of sales despite the increase in the average selling price, In addition to the financial impact of the technical malfunction in one of the components of the cement mill No. (1), In addition to increase in the financing costs for the current quarter compared to the previous quarter, despite the decrease in the selling and marketing 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 value of sales for the current period compared to the same period of the previous year due to decrease of the quantity and average selling price, In addition to the financial impact of the technical malfunction in one of the components of the cement mill No. (1), In addition to Increase in the cost of sales, selling and marketing expenses, and the general and administrative expenses 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 |